Re: Do I have a problem? ;)
02-28-2012 09:50 AM
I am not an investment expert, but wouldn't you be able to do basically the same thing buying tax free municipal income bonds through an online broker and make over 6% tax free? I used an online brokerage with a low monthly fee and the minimum purchase was $20. If you needed to you could sell small increments, but it takes a week or so to get your money. Every month there is the dividend that you can reinvest. It seems more profitable that way, and a lot less record keeping.
Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: 748 TU(12/12), 771 TU98 , 824 TU08 FICO, 776 EQ FICO , 735 EX(9/12) FICO
Goal Score: 750+, but shooting for the 800's
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