Skip to main content
No. of Recommendations: 0
I posted this in 'investing beginners' forum as well:

Hi all...

I am trying to figure out where to stash some money we may or may not need in 5 years. Was thinking about tax advantaged MUNIs.

Obviously any investment can lose money. But what are the risks for an NJ resident when considering something like VNJTX?

Its yielding 3.53% (1/29/16 date)... I can appreciate that there is default risk... But how much of a 'loss' might I be exposed to in a fund like this in a rising rate environment?

Trying to wrap my head around this...
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.