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Tip of the Day Find Out About Homeowner Taxes

Find Out About Homeowner Taxes - Before purchasing a home find out what the property taxes are going to be on that home. In some cases, the mortgage that you...

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Muni Fund

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

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Definition of the Day Purchasing Power

Purchasing Power – This refers to the strength and buying muscle, ability and resources, (as measured by quantity/quality  of products/services it can afford/buy. Where the real buying strengths, resources, control and command, ability, agility and procurement lie for and in the business. What is the ability to buy, pay for,...

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