Stoever Glass & Co., Inc.
Phone: (212) 952-1910
P: (800) 223-3881
Muni Bond Tips February 6, 2019
How much are you going to spend on your municipal bond? If you are going to buy $100,000 worth or more, you should get individual bonds, rather than bond funds.
When we are talking about high-grade municipal bonds, you should have diversity. So if you are going to buy pieces at $20,000 each, you can purchase five different types of bonds to make up your $100,000. If you only have $30,000 or $40,000 to invest, you will not be able to get diversity on your own.
Check back tomorrow to learn about muni bonds in different states. #BondMarket #Investing #FinancialServicesFirm #AssetManagement