Financial Planning News
Sun, 13 Jan 2013
Read the rest of this article on Financial Planning News
Morningstar's Christine Benz demonstrates how our Tax-Equivalent Yield Calculator can help you determine whether you're better off investing in taxable or municipal bonds after adjusting for munis' tax-exempt status.
Because of their distinctive structure, closed - end funds could offer investors a leg up in the muni market, but be sure to get comfortable with the quirks of CEFs before investing.
Morningstar's Scott Burns and Tim Strauts explore how ETFs can provide individual investors with greater liquidity than owning individual bonds .
Bonds are a better option than cash and less volatile than stocks, but investors should be mindful of headwinds and possibly rethink their fixed-income allocations, says Morningstar's Christine Benz.
©2012 Morningstar Advisor. All right reserved.