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southern MN | It’s nice to have a mix of investments.
There are some tax free municple bonds you can buy, they are general obligation so are quite fairly good secure, they pay maybe 3-4% right now if your investor shops around. That isn’t great, but it is tax free and so is a real 3%+. You can get the checks during the year so you have a little bit of tax free income if you happen to get in a higher tax bracket, or let it build and buy more. They are a many year investment but you can sell them on the market if you need money so they are a bit liquid for you.
Can be a nice part of a mixed investment.
Depends what level of risk and liquidity you are looking for.
Paul | |
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Investing
