I always thought that municipal bond funds were only for investors in upper income tax brackets. The lower interest rates that municipal bonds pay are offset by the fact that interest from these funds is tax exempt. Thus only high earners benefit. My recent research shows that this isn’t necessarily the case. In fact, municipal […]
What is the best way to match asset classes in your taxable and tax-deferred investment accounts? For example, should you put your actively managed stock funds in your taxable brokerage account or in your Roth IRA? Follow these handy rules to avoid adversely altering your portfolio’s overall risk and return profile as well as unnecessarily […]
How should you select which bond funds to include in your portfolio once you have decided upon the overall asset allocation (e.g., the percentage of bonds and stocks in your portfolio)? Remember bonds are used as ballast for your portfolio. They often zig when stocks zag. They complement your stock holdings. Despite paying interest on […]
