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Archive of entries posted on 2nd August 2012

Maybe muni bonds still make sense?

I bought a New York muni bond in mid-2008 for $93.68. . When I bought it (thank you Todd), it was yielding 6.7% triple tax free.  It’s been paying me that yield ever since. It’s now worth $110. That’s a pretty decent return. Please don’t tell me I could have done better with equities. In […]