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Retirement Discussions / Retirement-Soon or Done
|Subject: Re: Yield and Safty||Date: 5/22/2000 4:38 PM|
|Author: lewisltd||Number: 110 of 169|
How liquid do you need? A bunch of the Nuveen Exchange Traded Funds are yielding in excess of 7% & these are tax free Muni's. Some symbols are NMO,NMA,NQU,NXQ. Also, they all pay mnothly dividends!! I personally own NUV,NXR, & NMA. These can be bought thru your online discount broker for the regular [Scottrade->$7.00] fee, just like a stock. How about Armstrong World Industries [ACK]? About 10% yield, plus chance of stock appreciation.
If you can find a copy of Forbes 4/14/200 issue, they list the top 500 comapnies & what the yields on their stocks are.
I've been retired about 2.5 yrs[from the chemical industry] & love the muni tax free income. These will keep you in a low tax bracket.
Just my opinions.
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