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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Municipal Bond

Definition: Bonds issued by state, municipalities, or counties.  These bonds help finance public projects (schools, highways, etc.) and are tax-free investments.

TeenAnalyst Advice: People tend to like "muni's" because they're tax-free investments.  Because of this reason, they're particularly popular among people in higher income tax brackets.

Muni's are used to help fund a number of public projects, such as highways, bridges, schools, and prisons.

 

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Definition of the Day Who is Peter Lynch?

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