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Old 12-17-2007, 03:08 AM
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travelstiles travelstiles is offline
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Default Re: A Bond of Another Kind

Hi Boomer,
As a CFP, I LOVE to read about investments (in fact I am taking a reading break from the Journal of Financial Planning to check out TOTV for a few minutes). I'm the one who posted earlier last month about forming the investment club (or as I'd like to calll it, the Financial Fitness Club). I had listed a few educational links to see if there was any interest in my posting others, but didn't get much of a response on that, although many posts indicated an interest in the club (I'll be in TV permanently after 12/28).

Below are a few links about bonds, some more advanced than others, but you really need to understand the effective tax yield to decide if a tax-free or tax-advantaged bond is your best investment choice over taxable bonds or other alternatives. There is a simple calculation for this which you can find on these sites, or we can discuss it further when the club gets started. I would begin by asking your accountant if it makes sense to even look at munis, particularly since Florida has no state income tax, then do lots of homework before you invest.

http://www.dolans.com/search/results.html (very good resource, and they are not selling anything - use the search feature)
http://www.sec.gov/answers/bondmun.htm
http://www.investinginbonds.com/learnmore.asp?catid=8
http://finance.yahoo.com/education/bond
http://www.smartmoney.com/university...ting101/bonds/

Let me know if you'd like more info on any financial topic!