Dash man
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Good day to all.
I have a question on muni bonds.
Using this site for the data: https://personal.vanguard.com/us/FixedIncomeHome
there are a number of listed choices for investment.
Currently the 1 year Tbill is offered at 4.72%.
Moving down the list of available choices I see "Municipals highest grade" 1 year offered at 2.35%.
I don't get it.
Why buy any of the muni bonds, their quality rating can't be any higher than a Tbill.
Thanks for any input on this....
You pretty much said it all.