The U.S. Supreme Court in a 7-2 decision upheld the central tenant of most state’s municipal bond tax policy, specifically that a state can exempt it’s own muni bonds from taxes while taxing the interest on other state’s muni bonds. So, nothing changes from before. If you live in California, the only way to avoid [...]
Great Stock Fund Re-Opened
One of my favorite mutual funds is the Dodge & Cox Stock Fund (DODGX). It’s performance is virtually flawless for its purpose (large cap stock). This isn’t some flashy hey-look-at-me mutual fund. In fact, this is exactly the kind of fund that people started questioning during the Internet bubble, and that is [...]
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