are there any books or web sites that list the costs involved, what to look for in a bond, any other pertinent information i should know?
2006-09-09 06:26:06 · 3 answers · asked by tim m 1 in Business & Finance ➔ Personal Finance
get a regular textbook on fixed income securities. for example
http://www.amazon.com/Handbook-Fixed-Income-Securities/dp/0071440992/sr=8-1/qid=1157822976/ref=pd_bbs_1/104-5135059-5119968?ie=UTF8&s=books
2006-09-09 06:30:26 · answer #1 · answered by Homer J. Simpson 6 · 0⤊ 0⤋
You can learn about municipal bonds in your State by starting at this link: http://www.municipalbonds.com
You should know that in order for municipal bonds to fully benefit you, you need to earn in excess of $300,000+ per year and have several millions of dollars to invest.
Please remember that only the Coupon is Tax Free, not the yield. The yield is partly bond price gain or loss. The gain may be a short term capital gain or loss depending on how long you hold the bond. Long-term loss is limited to $3,000 per year.
You need a large amount to invest in order to diversify properly as they are not without some Risk.
You should also consider SAFE MONEY Places to put your money:
To learn more: http://www.jdsannuities.com
2006-09-09 06:40:42 · answer #2 · answered by Joe the Expert 2 · 0⤊ 0⤋
The best site so far I recommend is:
http://www.investinginbonds.com
2006-09-09 19:24:23 · answer #3 · answered by Hoa N 6 · 0⤊ 0⤋