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What is the downside of $1 million in individual Muni Bond Portfolio?
Old 04-06-2008, 08:28 PM   #1
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Assuming 30 yr bonds yielding 5%. You get $50,000 of after tax income/yr.

Purchasing power deteriorate over 30 years is bad but still keep $1 million at manturity.

Annuity a better choice?

mP
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