Sentences with phrase «buying muni bond funds»

Not exact matches

I buy a combination of specific municipal bonds in California because that's where I reside in where I can not pay state income taxes on the dividends, I also have a California municipal Bond fund, and a nationwide muni bond fBond fund, and a nationwide muni bond fbond fund.

I would never recommend buying a bond fund (muni or other) with interest rates where they are.

Two years ago, I bought 200 shares of Dreyfus Municipal Income, Inc. (DMF) which had a yield of 7.5 % at the time, which was an unusually good yield for a leveraged muni bond fund.

They are much more liquid than individual muni bonds, but you can not simply buy or sell all you want as you can with open end funds.

The need for short - dated tax - free muni bonds drives hedge funds (typically) to buy long munis and sell short term debt to finance the bonds, which tax - free money market funds buy.

I've been lucky to see it myself... my approach is buy Cali Muni bond funds that give tax free return and offers liquidity... then go balls to the wall on deal finding