The Stealth Wealth In Municipal Bonds
Posted Under: Articles
Linked below is a great column by Mark Whistler. The basic idea is similar to what I’ve been outlining in “Munis: So Hot Right Now”: despite the frightening nature of the subprime crisis, munis are generally safe from default and are in fact benefitting from the overall situation.
Whistler also makes an interesting case for ETFs, which are basically mutual funds for municipal bonds. This “hybrid” entity takes munis (safe, low cost, currently producing high yields) and packages them into a powerful liquid investment (ETFs trade intraday). These characteristics provide the investor with the flexibility to engage in anything from agressive day-trading to “buy and hold” using the vast array of specialized ETFs available.
The Stealth Wealth In Municipal Bonds | March 24, 2008 | By Mark Whistler - Investopedia Advisor.
Godspeed,
-Rico
Reader Comments
Nice Site layout for your blog. I am looking forward to reading more from you.
Tom Humes
Wow! Thank you very much!
I always wanted to write in my site something like that. Can I take part of your post to my site?
Of course, I will add backlink?
Sincerely, Timur Alhimenkov
Timur: feel free to take however much of the post back to your site. A backlink would be awesome. Thanks for reading!