Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: Municipal bond mutual funds have surpassed the performance of the S&P 500 in the past 15 years. Look what a $10,000 investment on Sept. 30, 1999, in the Barclays municipal bond index would have done. By Oct. 22 this year, it would have grown to $22,199, according to Morningstar Inc. The same investment in the S&P 500 would have grown to $19,968. Regards, Ted http://license.icopyright.net/user/viewFreeUse.act?fuid=MTg1OTIzNTU=
