Finguy

Why It's Time for Muni Bonds

Author says: "At some point, investors will not perceive US Treasuries as the ultimate safe haven. When they do, they’ll start looking for other safe income plays. Muni bonds will be near the top of the list."

Is he insane? If people have doubt about the safety of the US Govt, why will they invest in munis, issued by state and local govts. They will invest in other countries or in gold.

Blackstone's A Bargain

How about justifying why BX is a buy, other than the fact that its price has fallen? And who is "Mr. Blackstone"?

An Excellent Time to Buy Munis

Good article. If one buys a muni bond and holds to maturity (and the bond does not default), then the price swings in the interim dont matter to a small investor. But how does it work if you buy a muni mutual fund? The NAV may decrease after you buy- I guess you just hold the fund for long term and hope the NAV goes back up? Do muni mutual funds sell holdings at a loss? Would appreciate some enlightenment on this. Thanks.