3 ms·

What would your strategy be to get that 5%?

• adammichaelc 16y ago
  Tax free municipal bonds.
  • jerf 16y ago
    Come back and tell me about dumping all your money into tax-free municipal bonds in two years.
    • adammichaelc 16y ago
      <neutral question> What is the reasoning behind your comment?
      • jerf 16y ago
        See btilly's comment that mentions them. There is a lot of chatter about bankruptcy. It's still just chatter, with a small number of exceptions. Let us all hope it stays that way. Mind you, I'm not guaranteeing they'll all go away, but it won't take very many bankruptcies for your returns to go below inflation. (Or worse.) I might invest in specific municipalities, if that's possible for a mere mortal investor, but I wouldn't think it's necessarily a safer assert class than anything else right now.
      • gwern 16y ago
        Here's one recent link (far from the only long-form article I've read; reminds me of some of the articles I read before the tech and housing bubbles burst): http://www.city-journal.org/2010/20_2_municipal-bonds.html http://www.city-journal.org/2010/20_2_municipal-bonds.html