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| In terms of "risk", trying to pick individual stocks adds risk as compared to funds. If picking individual stocks you need a large nest egg and don't put more than 4% in any one stock.
I have moved away from mutual funds and gone to nothing but ETFs.
Why muni bonds? Are you talking about tax free munis? Assuming this is in a taxable account the only reason to buy munis would be if you are in a high tax bracket.
I don't like the idea of bonds right now as the only direction interest rates can go is up, and when that happens bond prices will drop.
The only way I would buy munis is by owning the actual bond and plan on holding until maturity. Be very carefull with the revnue source for the bonds. | |
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