Are Municipal Bonds Currently A Good Investment?

The short answer is probably not. Certificates of deposit (CDs) are safer and have a major yield advantage, even after factoring in the tax benefits of municipal bonds.
There are two main reasons that investors like to buy municipal bonds: The income they produce is generally not taxable, and they are perceived to be super-safe investments. Let’s explore these reasons more closely to see if they are valid.

http://www.forbes.com/sites/marcprosser/2013/04/20/are-municipal-bonds-currently-a-good-investment/

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