Georgetown Univ Muni Bonds

jazz4cash · 04-24-2007, 04:32 PM

How do these work? Georgetown U. is a PRIVATE school located in Washington, DC, but today's Wash Post had an ad for 4.5% coupon tax-free muni offered thru www.hjsimms.com. Would they be tax-free for DC residents only, or what? I could not find much info on the website, so I guess I would need to call thier 800 #

**bssc** · 04-25-2007, 12:31 AM

My friend and I went to Georgetown but when she discussed this with her financial advisor, she was steered to George Mason bonds because the school was on a sounder financial footing.

This is one area that I would try to do more research on rather than calling a company who is guaranteed to try to see you those particular bonds.

FinanceDude · 04-25-2007, 10:33 AM

Quote:

Originally Posted by bssc

My friend and I went to Georgetown but when she discussed this with her financial advisor, she was steered to George Mason bonds because the school was on a sounder financial footing.

This is one area that I would try to do more research on rather than calling a company who is guaranteed to try to see you those particular bonds.

I don't think Georgetown is in any risk of going bankrupt...........

jazz4cash · 04-25-2007, 08:05 PM

Quote:

Originally Posted by FinanceDude

I don't think Georgetown is in any risk of going bankrupt...........

FD, I agree. Still wondering how a private institution qualifies for muni bonds. G Mason IS public, so yeah thier bonds are probably higher rated (and lower coupon). The trick is getting a little extra yield along with the tax free benefit.

04-24-2007, 04:32 PM	#1
jazz4cash Thinks s/he gets paid by the post Join Date: Aug 2004 Location: Laurel, MD Posts: 1,081	Georgetown Univ Muni Bonds How do these work? Georgetown U. is a PRIVATE school located in Washington, DC, but today's Wash Post had an ad for 4.5% coupon tax-free muni offered thru www.hjsimms.com. Would they be tax-free for DC residents only, or what? I could not find much info on the website, so I guess I would need to call thier 800 #

04-25-2007, 12:31 AM	#2
bssc Moderator Join Date: Dec 2005 Posts: 2,668	Re: Georgetown Univ Muni Bonds My friend and I went to Georgetown but when she discussed this with her financial advisor, she was steered to George Mason bonds because the school was on a sounder financial footing. This is one area that I would try to do more research on rather than calling a company who is guaranteed to try to see you those particular bonds. __________________ Angels danced on the day that you were born.

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