Msg. 03039 of 65535 (This msg. is a reply to
03035 by
Zimbler0)
Jump:
Thank you, Zim.
I don't believe munis are advisable in a 401k or IRA account. I'll be talking to my wife's financial advisor on Monday. Trying to ascertain some meaningful questions.
Corporate bonds were not paying very well . . .
Last few months / years.
Municipal bonds currently (two weeks ago when I last
checked) have a higher dividend yield than the
corporate bonds - usually corporate is supposed to
have a higher yield because the muni's are federal
tax free.
I just checked, my bond fund (corporate type) has a
yield of 3.4%, while my municipal bond funds are
running 4.3% and 4.7%.
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