Comments on: 10. Investments. Municipal Bonds

By: Elly

Elly — Sat, 31 Jul 2010 05:59:16 +0000

Hi Jazz

A municipality is like an administration center and is governed by a Mayor and then a City Council.

I would imagine you would buy these through a stock market broker.

By: Elly

Elly — Sat, 31 Jul 2010 05:56:32 +0000

I like the sound of municipal bonds, they still derive an income and I would imagine they would be backing safe company investments.

I also like the fact that they may be tax free.

By: Jazz Salinger

Jazz Salinger — Thu, 29 Jul 2010 06:32:44 +0000

Hi Sean,

I’ve never heard of buying municipal bonds either. They seem like a really low risk investment and the money you make is tax free. It sounds like a pretty good deal to me.

What constitutes a municipal institution? Do you buy these bonds in the same way you buy regular stocks?