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municipal bonds

Posted on 10/17/13 at 9:07 am
Posted by ragacamps
Member since Jan 2011
2997 posts
Posted on 10/17/13 at 9:07 am
Can anyone give me some cliff notes on how to buy these and if they are a good idea.
Posted by reb13
Member since May 2010
10905 posts
Posted on 10/17/13 at 10:13 am to
Is there some OT contest to come here and provide as few details as possible and see who can get a legitimate answer?
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6024 posts
Posted on 10/17/13 at 5:26 pm to
There is a direct correlation between the # of African American's in a municipality and interest rate on said Muni Bond.

FACT.
Posted by fontell
Montgomery
Member since Sep 2006
4445 posts
Posted on 10/17/13 at 7:24 pm to
Is that what a double a rating stands for? The more you know.
Posted by roguetiger15
Member since Jan 2013
16144 posts
Posted on 10/17/13 at 8:00 pm to
buy them through a broker like myself. the clients that usually invest in muni's are mostly older and wealthy who are looking for federal tax breaks and in some instances triple free tax consequences.

we are currently advising that if you get into muni bonds to buy triple bbb or better and maturity of 5-15 years.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7120 posts
Posted on 10/17/13 at 8:06 pm to
Beware the steep premiums.
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