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Time to Buy Munibonds? |
This company is a value investor's dream. This company is a value investor’s dream. Not only can you double your money with this stock… but you can also collect a 12.7% dividend payout while you wait! See, this stock is part of the “13F Disbursement Plan.” |
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| Time to Buy Munibonds? |
| Wednesday, 09 July 2008 | ||||||||
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It may be. High-yield munibond funds like the Legg Mason Partners Municipal High Income (STXAX) have made some gains in the past few months of 2.5%. High-yield munibonds that fund the construction of hospitals and schools are riskier than bonds that fund basic state and local governments. But they’re returning 3% more than safer munibonds. ![]() Best of all, the STXAX costs an initial investment of only $500, with additional investments of $50. That’s a cheap investment for a safe haven portfolio. The munibond fund has been up 4.9% over five years annualized… Ann Sosnowski Editor, Safe Haven Investor
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