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First, muni bonds are often investment-grade assets. Around seven out of 10 in the Bloomberg Municipal Bond Index are in the top two rungs of credit quality, Schwab cited.
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Mousseau also is the co-author of the book “Adventures in Muniland: A Guide to Municipal Bond Investing in the Post-Crisis Era.”He notes the current slump is very different from the 2008-09 ...
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
Muni bonds are a more attractive option for investors in high-tax states and cities, so investors in those areas should be sure to calculate the tax-equivalent yield on potential muni investments.
By 2014, tobacco bonds made up $94 billion of the $3.7 trillion municipal bond market. They share a revenue stream from the Tobacco Master Settlement Agreement , a 1998 national settlement in which Philip Morris , Lorillard and Reynolds American agreed to make annual payments to states in perpetuity to resolve liabilities for health-care costs ...
If safety is your priority, these are your go-tos.” Alec Kellzi, a CPA at IRS Extension Online , agreed, saying investing in these assets are incredibly safe.
David Lerner Associates was founded by David Lerner in 1976. [2] The first office was established in Jericho, New York. [3] David Lerner Associates employs approximately 400 people, [citation needed] with its headquarters in Syosset, New York, and satellite offices in Lawrenceville and Teaneck, New Jersey; White Plains, New York; Westport, Connecticut; and Boca Raton, Florida.