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Hobologist posted:You will find that, as if by magic, municipal bonds yield almost exactly what a comparable taxable bond would yield minus the top marginal tax rate. So if you don't pay the top marginal tax rate you're better off with taxable bonds. I blow my top when I see financial "advisers" putting my non profits into muni bonds. I advise the boards to fire them immediately. Plus every muni in the county is overloaded with retirement obligations and mismanagement and you really should not be giving them the zero risk rate.
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Apr 16, 2014 14:49
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| # ¿ May 10, 2024 12:21 |
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