(FMN)

All Comments on FMN

  • commenter
    Sep 01 05:46 PM
    My Website
    Municipal Bond ETFs and Closed-End Funds [view article]
    Closed end usually sell at a discount to net asset value, and may come into favor as tax rates go higher. Anyone know a good AMT free closed end intermediate to short maturity closed end fund? Reply
  • commenter
    Aug 23 04:10 AM
    Tax-Free Closed-End Funds and Stocks For Income Investing [view article]
    Does it relate to buying or selling?
    ----------------
    Karmath

    [url=www.drugaddiction.net/...]Maryland Drug Addiction[/url]
    Reply
  • commenter
    Apr 24 01:33 PM
    Municipal Bond ETFs and Closed-End Funds [view article]
    I own shares in MIY. I called Blackrock and they told me that 12.32% of the income from the fund is subject to AMT. I have had to pay AMT they last two years and it look like I will have to for some time to come. With Michigan's income tax rate at 4.35%, is it better to put the money in a national AMT-free muni bond fund and pay the Michigan income tax or leave it as is? Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:21 AM
    My Website
    General Discussion on FMN
    Is this a buy or a sell? Reply
  • commenter
    Mar 24 04:18 PM
    My Website
    Municipal Bond ETFs and Closed-End Funds [view article]
    We've added two new Barclays muni bond ETFs:

    iShares S&P California Municipal Bond Fund (CMF)
    iShares S&P New York Municipal Bond Fund (NYF)

    (Thanks JohnB.)
    Reply
  • commenter
    Mar 05 06:11 PM
    Municipal Bond ETFs and Closed-End Funds [view article]
    Great article. Shouldn't it be updated to include ETFs like
    iShares S&P California Municipal Bond Fund (CMF)?
    Reply
  • commenter
    Mar 05 09:41 AM
    My Website
    Municipal Bond ETFs and Closed-End Funds [view article]
    Update: we added a link to Fred Wilson's excellent article explaining auction-rate municipal bonds:

    seekingalpha.com/artic...
    Reply
  • commenter
    Feb 26 03:42 PM
    My Website
    Municipal Bond ETFs and Closed-End Funds [view article]
    ... and also filled in the other Market Vectors muni bond ETFs, and the muni bond ETF from Powershares. Reply
  • commenter
    Feb 26 02:26 PM
    My Website
    Municipal Bond ETFs and Closed-End Funds [view article]
    We just updated this by adding the Market Vectors-Lehman Brothers AMT-Free Short Municipal Index ETF (SMB). Reply
  • commenter
    Jan 29 07:48 PM
    The Stimulus Package: A Mixed Bag with Limited Potential Impact [view article]
    Those who could use the extended unemployment benefits did pay taxes within the last year and would be getting that rebate - so should they really get twice the benefit? Maybe. Those who are on welfare (and have been for years) have not paid taxes, they've simply taken benefits. Sure they could probably use more in food stamps but to add to that would be defeating a purpose - they are already getting everything free. How free should life be? Loans need to be made more accessible but the rules should be more stringent so we aren't faced with this again. ARMs should be illegal. Stick with flat mortgages, make them fair, but not so easy that people scramble to buy more house than they can afford.

    Student loans need to have their interest rates scaled way back - it is silly to assume that every college graduate finds that A+ high paying job within 6 months of graduation, and to pay higher and higher interest rates with a paycheck that doesn't fit only makes defaulting more likely.

    And end the tax on investment interest. It defeats the purpose behind the investment, especially if we are faced with less and less Social Security to depend on.
    Reply
  • commenter
    Jan 27 08:29 PM
    My Website
    The Stimulus Package: A Mixed Bag with Limited Potential Impact [view article]
    The investments should be designed to deliver long-term ROI, not short-term bumps in consumer spending whilst we wait for "something" to happen to fix the economy.

    If transportation can be that investment, than let's do it - if not, let's do something else

    Our thinking needs to go back to the pre WII and post WWII periods, where investments in FHA, VA Loans, the G.I. Bill, Rural Electrification, the Interstate Highway system, etc, delivered real returns to the country for decades.

    We have a choice, we can go for a short-term bump or build something that can deliver dividends to our grandchildren.

    In many families in the U.S., those that went to college on the G.I. Bill and bought the family home with a VA loan, were the first generation of middle class people in that family. In effect many middle class Gen X'ers are upper-middle class today due to those first steps taken by their grandparents, we need to implement similar programs today if we're going to spend money to stimulate the economy.


    -M
    Reply
  • commenter
    Jan 27 04:39 PM
    My Website
    The Stimulus Package: A Mixed Bag with Limited Potential Impact [view article]
    What do you think of the suggestion by Huckabee that instead of this stimulus package, an investment in infrastructure would be better? The transportation bill is still locked into a senate and a house version so highway departments are essentially operating on 2006 appropriation levels. It takes about 13 years to deliver a transportation project with the existing system. This is not exactly a fast method of economic stimulation. Theoretically an investment in transportation infrastructure would increase individual productivity and that increase in productivity would eventually be available to the economy for a bump in gross domestic product. The cause and effect relationship between jobs and transportation spending has been explored by many economist but the results and the methods vary quite a bit. If you put $1.00 in and got $1.30 out, that would be great if it happened in only a year. If it took 20 years to get the $1.30 in alleged benefits, the average annualized rate of increase would be 1.32 percent per year. This is below the inflation rate! Reply
  • commenter
    Apr 24 09:08 PM
    Tax-Free Closed-End Funds and Stocks For Income Investing [view article]
    If you want research recommendations on tax free CEF's, as well as in-depth information about the funds check out herzfeldresearch.com. Reply