July 2, 2020
WHAT ARE TAX FREE BONDS?
Should you buy tax free municipal bonds? Are these bonds right for you?
I find that a lot of investors are confused about tax-free bonds. And many people think that because the interest is tax-free it’s a no-brainer that they should invest in these bonds. But it’s not that simple.
Tax-free bonds aren’t right for everyone. In fact, I find that for most people tax-free bonds don’t make much sense at all. For the right investor, they’re a powerful…and they’re one of the few ways to keep your taxes lower in retirement, since the interest on these bonds is exempt from federal tax, and in many cases state tax as well.
In today’s video, I’m talking about what are tax-free bonds, who should consider buying these bonds, and how to invest in tax free bonds.
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