FYI: I have to admit that I was not a fan of muni bonds for quite some time. In some ways, I’m still not. What they have going for them is that they rarely default, and the income they throw off is generally free of both federal and state taxes. So what may seem like a low yield may be much higher when taxes are factored in, depending on your tax bracket.
Regards,
Ted
http://learnbonds.com/lets-find-a-great-muni-bond-etf-20150318/
