Amethyst
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Dec 21, 2008
- Messages
- 12,717
Is there some reason I should beware of tax-exempt municipal bond funds? MD bond funds are paying ~3.5 -4% and the NAV has remained more or less consistent over the years (i.e. little or no capital gains on the original investment). Yet I rarely see anyone list munis in their AA. Is there something bad about them, that I haven't caught onto yet?
Amethyst
Amethyst