Muni bonds have not had any bounce at this point. Interesting
area if wanting to own some higher quality assets in the space with
tax free interest. Haven't seen any opportunity like this since
years ago when a few analysts were calling for world doom in the
space. That was a massive opportunity. Anytime you have the higher
quality stuff down this much, it should turn out well years into
the future.
I realize rates are a challenge, though at what point do they
just make sense? Here is the performance history of a few funds,
showing just how rare getting to buy this asset class down 8%
is:
My consideration was to look at this area as another place for
shorter term cash as I bonds are limited as to how much money one
can do per year. If one wants maximum flexibility, just buying a
high quality etf would make the most sense. Wanted to brainstorm on
the high quality etfs to buy here in the space?
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Muni bonds have not had
Posted by fundamentalvalues on 5th of May 2022 at 06:37 am
Muni bonds have not had any bounce at this point. Interesting area if wanting to own some higher quality assets in the space with tax free interest. Haven't seen any opportunity like this since years ago when a few analysts were calling for world doom in the space. That was a massive opportunity. Anytime you have the higher quality stuff down this much, it should turn out well years into the future.
I realize rates are a challenge, though at what point do they just make sense? Here is the performance history of a few funds, showing just how rare getting to buy this asset class down 8% is:
https://finance.yahoo.com/quote/MUNI/performance?p=MUNI
https://finance.yahoo.com/quote/TWTIX/performance?p=TWTIX
My consideration was to look at this area as another place for shorter term cash as I bonds are limited as to how much money one can do per year. If one wants maximum flexibility, just buying a high quality etf would make the most sense. Wanted to brainstorm on the high quality etfs to buy here in the space?