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Muni Holders Fall to Two-Year Low & a couple of reads
Thanks John, Re 1st article: We used to hold a muni fund but gave up a few years back. Rates got so low and our income not really enough to justify holding for tax break. Re 3rd article: Sounds like it could have been written by a financial advisor not too thrilled with their clients worrying about yearly returns. (-: Here's a bit from that MarketWatch post: "The majority of advisors (53%) indicated that they measure performance in terms of the portfolio's progress towards meeting the client's investing goals, but only 29% say clients also measure performance this way. Instead, advisors said that clients typically gauge portfolio performance by short-term factors such as one-year returns (54%), the portfolio's absolute return (49%) and portfolio volatility (41%)"
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