Municipal Bond Forum
Buying, holding and happy with returns
Q
Happy to buy and hold I buy and hold, go out at long as I can on callable dates and buy at least 5% yields and insured bonds. At first, I laddered to generate monthly income, but did well on the rates. Now that I have good monthly income, I just go for insured bonds with the best rates regardless of the date due on interest payment. Sound OK?
A
James A. Klotz responds:
As an FMSbonds client, we are sure you know that we couldn’t agree more.
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