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municipal bond funds
#2
My humble opinion, but I would rather own something like O, KMI, T that offer similar yields but are growing them over time and also offering capital appreciation along with it.

If you'd have owned NRK since 2003 you'd have seen your income drop by 11% over the period and your capital drop by 10%.

An investment in O would have seen your capital grow by 140% and income increase by 88%.

There is something to said about "safe" income, but I'll take growth over safety any day, even if I have to pay some taxes on it.
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Messages In This Thread
municipal bond funds - by Joey Batz - 10-14-2014, 10:51 AM
RE: municipal bond funds - by EricL - 10-14-2014, 02:01 PM
RE: municipal bond funds - by Joey Batz - 10-14-2014, 07:55 PM
RE: municipal bond funds - by EricL - 10-14-2014, 09:31 PM
RE: municipal bond funds - by Dividend Watcher - 10-15-2014, 07:52 AM



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