The Motley Fool Discussion Boards
Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Buy bonds, he said.||Date: 9/16/2013 8:59 AM|
|Author: Hawkwin||Number: 35061 of 35932|
Something is not right here.
Your 403b is tax deferred. There is absolutely no reason to use a tax deferred vehicle to purchase tax free munis.
Did they really recommend 90% of your 403b be placed in munis? If so, I would ask to speak to that person's boss, and their boss too.
No computer software program should recommend:
1. Such a high percentage of a single asset class.
2. Buying munis in a retirement account.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|