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re: Tax Free Muni Bonds
Posted on 6/29/15 at 8:58 am to Soft_Parade
Posted on 6/29/15 at 8:58 am to Soft_Parade
Contrary to what these guys say, municipal bonds are fairly safe.
You should buy funds, though, to avoid the risk of any individual municipality going bust.
I like nuveen funds...NKG, NTX, NUO.
They pay about 5% monthly, tax free. And they've been beaten down in price lately in anticipation of the fed raising interest rates.
Municipal bonds should be a part of everybody's portfolio.
You should buy funds, though, to avoid the risk of any individual municipality going bust.
I like nuveen funds...NKG, NTX, NUO.
They pay about 5% monthly, tax free. And they've been beaten down in price lately in anticipation of the fed raising interest rates.
Municipal bonds should be a part of everybody's portfolio.
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