Hi everyone and thanks for the interesting site. I stumbled upon the site when trying to find more info on the purchasing of individual bonds. I am 59 and a trial attorney and have three adult children who live in different parts of the country. I also have my first grandchild who lives in Houston whereas we live in NJ. So, with the full knowledge that all plans are subject to change, my goal/hope would be to work five more years and then split time between Houston and NJ. I also have already saved about 75% of what I should need in retirement and as such have within the past year become rather conservative. Thus, my building of a muni bond portfolio.
So, my intial question for anyone is, have you ever worked with a bond guy/gal that was reasonable and bright. I was referred to Stoever Glass and from what I can tell they are legit. The other question being, is there any reason to think about using one than one bond house/broker for diversification purposes. Or, is that overkill. Lastly, SG doesn't give you the actual bond but rather a statement confirming the purchase. Kind of makes me nervous.
Thanks for any thoughts and look forward to spending some time on the site.
So, my intial question for anyone is, have you ever worked with a bond guy/gal that was reasonable and bright. I was referred to Stoever Glass and from what I can tell they are legit. The other question being, is there any reason to think about using one than one bond house/broker for diversification purposes. Or, is that overkill. Lastly, SG doesn't give you the actual bond but rather a statement confirming the purchase. Kind of makes me nervous.
Thanks for any thoughts and look forward to spending some time on the site.