Archive for May 30th, 2010

Repeat after me: tax-free municipal bonds rarely default. It’s unthinkable for a state not to pay the interest on its debt.
Then pause for a moment. Is anything really unthinkable anymore? You buy munis for security. Some of the bonds you’re holding, in a mutual fund or an individual portfolio, no longer measure up.
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"In the five years I have been with the organization, I have never before seen the audience give any speaker a standing ovation." — Ceramic Tile
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Jane Bryant Quinn is a nationally known commentator on personal finance, with books and columns read and trusted by millions.
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