How to Invest in Municipal Bonds
How to Invest in Municipal Bonds: Municipal bonds—or muni bonds—are fixed-income securities issued by local or state governments to fund public projects. When planning your investment portfolio, municipal bonds are one way to add tax efficiency to the mix. Here’s what...
Stock and Bond Volatility Highlights Value of Dollar Cost Averaging
Both stocks and bonds have been volatile over the course of this year. Throughout this period MoneyLetter’s advice has been to stay calm, stay the course, and if you have investable cash to invest it for the long term. Over the years we have suggested dollar cost...
Why Bonds Are Still Essential Investments
Give the stock market half a chance and it will dominate the financial headlines. That was certainly the case for the month of July, with the S&P 500 powering upward and bonds barely treading water. But August has been different, with the stock market hitting a...