Weissass

Bond ETF Yields in Historical Context

The interest payments are tax-free (unless your state income taxes really suck) but any gains from selling the fund at a profit would qualify as a capital gain (15% longterm, 20% short-term). If you're in the highest federal tax bracket, the tax-free muni's are the way to go. I'm getting about a 9% annual tax-equivalent return. Buy and hold individual AAA/AA bonds to maturity and reinvest all proceeds = the mythical dream of compounding interest!

Partial List of Personal Holdings: Bonds, ETF Bond Funds and High-Yield ETFs

Where's the muni exposure? I suppose if you're in a lower tax bracket or trading in non-taxed accounts, the muni's aren't as beneficial...