No. of Recommendations: 0
I am 62 years old, and over the years I have accumulated considerable wealth [13mil.]. At present, I am 92% invested in about 30 different equities; however, I am considering switching my entire portfolio over to a laddered Muni one. I have read through this entire board and have not seen any mention of "Insured" Municipals. My question consists of two parts: 1). at my age, tax bracket, etc., and considering that I intend to re-invest at least 1/2 of the income produced into more muni's, does this plan seem prudent?; and, 2). aren't insured muni's preferable?
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.