Understanding Taxable Equivalent Yields

Here is a nice article written by Wealth Management Systems Inc:

Municipal bonds have long been considered a haven for high-net-worth investors because their income returns are generally free from federal income taxes and, in some cases, state and local income taxes. However, it would be a mistake to assume that only high-net-worth investors may benefit from investing in municipal bonds or municipal bond funds.  Click here to read more: 

Understanding Taxable Equivalent Yields.pdf

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