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muni bonds are still legit for the purposes of diversification of your bond portfolio. but they shouldn't be a dominant part unless the tax savings on their income will be worthwhile. 33% allocation is pretty steep unless you have at least 1.5-2M. i loaded up on muni bond CEFs during the 'taper tantrum' last june and have done pretty well with them.
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May 14, 2014 23:40
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| # ¿ May 10, 2024 07:33 |
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