Retirement funds and bank accounts, with their falling returns, can no longer guarantee a secure life after retirement. People have become wary of relying on traditional investment options for supporting themselves after what transpired during the financial crisis. An alternative is fixed income investments, which allow you to strike a good balance between risk and return. [Read more…]
Municipal Bonds An Attractive Opportunity for Wealthy Investors
Municipal bonds are debt based securities issued by states and cities to finance their day to day operations and to fund entities like colleges, NGOs, nonprofit hospitals etc. The main advantage of these interest paying securities is their tax exemption status. This relieves the buyers from paying taxes on the interest income and also allows the government to borrow at competitive rates so that they can fund their large projects. [Read more…]