Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Georgetown Univ Muni Bonds
Old 04-24-2007, 04:32 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 2,951
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 #
__________________

__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Georgetown Univ Muni Bonds
Old 04-25-2007, 12:31 AM   #2
Moderator
bssc's Avatar
 
Join Date: Dec 2005
Posts: 9,936
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.
bssc is offline   Reply With Quote
Re: Georgetown Univ Muni Bonds
Old 04-25-2007, 10:33 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Re: Georgetown Univ Muni Bonds

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...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Re: Georgetown Univ Muni Bonds
Old 04-25-2007, 08:05 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 2,951
Re: Georgetown Univ Muni Bonds

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.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Struggling with decision- pay taxes and invest or Muni Bonds Foodeefish FIRE and Money 8 01-04-2007 11:03 AM
Muni Bonds and index funs in maryland- which ones ??? Foodeefish Young Dreamers 4 12-04-2006 01:09 PM
Short Term vs. Intermd Term Bonds TromboneAl FIRE and Money 35 07-21-2006 08:58 AM
Some questions on bonds woolybully FIRE and Money 13 11-11-2004 05:04 PM
The Scoop on High Yield Bonds Ted FIRE and Money 9 12-04-2003 01:03 PM

 

 
All times are GMT -6. The time now is 04:37 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.