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Investor Seeks 7 Percent Tax Free Safe Return
A reader asks for $5,000 to earn a guaranteed 7 percent yield free of income tax with no need for current income and protection against market fluctuations. The adviser counters that tax exempt municipal bonds offer safety but typically only around 5 percent, with price changes possible but face value recoverable on high quality issues.
MENTIONED IN THIS ARTICLE
Treasury
Butt Lo
Come Bonds
Schweickart and Co
Schweickarl