Over the past eight years, US stock market prices have continued to climb to heights never before seen. While I don't want to jinx it, I do wonder how long it can continue. And when trying to design an investment strategy I'm confronted with lots of choices and information. In a world of low interest rates and high stock prices, what's an investor to do to protect a nest egg? Here is the latest in ... Read More
closed end funds
Muni Bond Strategies for Investors Now
Historically, muni bond yields have tended to range between 85% and 90% of US Treasuries though the effective yield to investors has been higher because of the benefit from the tax exemption. This is because muni bond interest is tax exempt on the federal level and on the state level if you are a resident from where the bond is issued. On the whole, investors in this asset class tend to be ... Read More
A Better Mousetrap for Income – Bond Ladders Part 2
Bonds are not the stodgy, boring things that most investors think of even though there's no army of talking heads on financial news shows talking about them. They are a huge market (about double the value of stocks as noted in my last post). They are an essential part of our economy. Most companies cannot function without easy access to credit. In fact, the shock and uncertainty that followed ... Read More