|
|
|
 |
 |
 |
 |
   |
Municipal-Bond Buying Tips-- Buy AAA-rated or the safer ''prerefunded'' or ''escrowed'' bonds to avoid worrying about credit risk. -- Consider out-of-state bonds for diversity or when they provide a better aftertax return than in-state bonds. -- Purchase issues with varied maturities to diversify your portfolio. -- Watch for hidden bond call features. Avoid bonds that can be called or redeemed early. -- Shop for the best price: Bond dealers typically offer better prices than stockbrokers. You should be able to keep the maximum commission to 2%.
|
Updated June 14, 1997 by bwwebmaster
Copyright 1996, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use