Muni Fund – a Muni fund is a mutual fund who strictly invests in municipal bonds. Muni funds are usually traded by people with in the higher tax bracket because these funds are except from federal taxes... Sometimes even escape state taxes as well. The risk in investing in Muni fund is sometime a municipality declares bankruptcy which makes them more risky then US government bonds... On the positive side, the underlying securities of a muni fund is backed by the government thus giving it a high credit rating, making it more desirable for investors
Buy Break - A buy break is an investment strategy that some investors use to gauge when to buy a stock. The investor believes that when a stock passes a certain resistance level, which is an inability for a stock to increase past a certain...