I’ve been sitting and waiting to buy more municipal bonds for my portfolio in my cash accounts for tax free income. With the administration pressuring the Fed to cut rates and the recent miserable jobs report, the Fed may finally start cutting rates so I’m pulling the trigger on buying some bonds before those sweet high interest rates disappear. Note that back in February, munis were paying 7 percent!| Get Rich Slick!
I wrote about the exhausting time consuming research I had been doing on municipal bonds here, here and here. I’ve come to the conclusion that I need to take a break from research and just start buying funds to get some time back so here are the two that I ended up landing on.| Get Rich Slick!
As a result of my $15,000 tax debacle I had this year for the 2023 tax year, I decided I needed to do something drastic and sensible so I’m buying $30,000 in municipal bonds to generate tax free income.| Get Rich Slick!
Disclaimer: This is an experimental activity I’m doing with AI for my own purposes, nothing in this post should be used by anyone for anything other than entertainment and informational purposes particularly around potential capabilities of AI. DO NOT USE THESE PROBABILITIES FOR ANY INVESTMENT PURPOSES.| Get Rich Slick!
