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re: Tax Free Muni Bonds

Posted on 6/30/15 at 7:51 am to
Posted by goodbuds
Augusta, Georgia
Member since May 2015
306 posts
Posted on 6/30/15 at 7:51 am to
Muni bond funds are yielding ~5% tax free. I've had them in my portfolio for 7 years.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 6/30/15 at 4:01 pm to
quote:

yielding ~5% tax free. I've had them in my portfolio for 7 years.


I never said they weren't. I said they were risky, which. Some complete and total fools disagree with. You would have to have absolutely zero understanding of financial markets to think there is no risk in a bond that is yielding several hundred basis points over comparable treasuries.
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