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re: Anyone have experience in investing in munis directly?

Posted on 9/5/18 at 4:54 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124175 posts
Posted on 9/5/18 at 4:54 pm to
quote:

Looks like Schwab has access to something like 40,000-50,000 munis including new issues.
They do.
Actual returns can be disappointing though.
Depending on purchase premium, a 5% Muni Coupon might yield 2%-2.5%.
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