athena53
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 11, 2014
- Messages
- 7,396
I've known people who were very glad to pay less tax with their muni bonds, but that doesn't mean the munis were a good investment over-all for them. Anyhow, there are muni-funds, so that is EZ to do.
Not the same thing. With muni funds you're stuck with whatever sell decisions the fund manager makes when people panic and sell as interest rates increase. As long as you're happy with the yield and default risk, you can hold an individual bond to maturity and actually get the yield you paid for.