Archive for bonds
How Safe Are Municipal Bonds
Posted by: | CommentsPeople are always asking me how safe municipal bonds are. The answer is: They’re Safe. Note that we are talking about BONDS here, NOT Notes, which are a whole different deal. Unless you are an expert or near-expert bond trader, you should stay away from any and all notes of any kind except those from the US Treasury. But, that can’t be the end of it. After all, there are some... Read more→
Muni Taxes Stay the Same
Posted by: | CommentsThe U.S. Supreme Court in a 7-2 decision upheld the central tenant of most state’s municipal bond [tag]tax[/tag] policy, specifically that a state can exempt it’s own muni bonds from taxes while taxing the interest on other state’s [tag]muni bonds[/tag]. So, nothing changes from before. If you live in California, the only way to avoid state tax on bond interest is to buy California... Read more→
