Stoever Glass & Co., Inc.
Phone: (212) 952-1910
P: (800) 223-3881
Muni Bond Tips from Roland Stoever
It is always important to realize that when you buy a muni bond individually, you are only paying a mark-up fee one time. The costs of holding a municipal bond far outweigh the costs of individual municipal bonds. Another important feature of purchasing a bond is its maturity. Let’s say you were to buy a 30 year bond today. 26 years later, you’re still going to own it. Your money is subject to market rates or interest rate risks of a much greater duration than with individual bonds. #bondmarket #investing #FinancialServicesFirm #AssetManagement