Archive for bonds
US Saving Bonds Bonds issued by the US Government are low-risk investments issued in order to finance the national debt. There are numerous types of Government bonds. Each bond has specific features that determine how much interest is paid to the bond holder, how long the bond’s term is, and how the bond is purchased. The different kinds of bonds are known by their "series" letters.... Read more→
How Safe Are Municipal Bonds
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
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→
