Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Muni Bonds Issued By High Tax States Are Overvalued, Invest Elsewhere

FYI: (The Linkster highly recommends you read Marilyn Cohen's book the "Bond Bible". Its one of the best books ever written on bond investing.)

How often have you heard a value equity manager say his sector is overdone? Or have you ever heard a growth manager shout from the rooftops that growth stocks are overvalued? Probably not.

Well, as a bond manager I will break the rules and tell you municipal bonds issued by high tax states are overvalued. Grotesquely overvalued.
Regards,
Ted
https://www.forbes.com/sites/investor/2019/09/04/muni-bonds-issued-by-high-tax-states-are-overvalued-invest-elsewhere/#69e18251301c

https://www.amazon.com/Bond-Bible-Marilyn-Cohen/dp/0735201382#reader_0735201382
Sign In or Register to comment.