[Read ebook] Lebenthal on Munis






 | #1238703 in eBooks |  2014-05-27 |  2014-05-27 | File Name: B00KFU6SBA


||2 of 2 people found the following review helpful.| Clear, Easy Fast Read, Informative and Almost Complete|By Phred|Lebebthal On Munis very nearly answers all beginner questions related to tax-free municipal bond buying. I am in agreement with the three-star voters that this is an advocacy book for buying these bonds and Lebenthal should have included information on what to look for and who to look for when shopping for your bo| |
|Lebenthal on Munis is indispensible manual for anyone who is about to buy municipal bonds and for the brokers who are out to sell them. It wouldn’t hurt the mayors and governors, either, to know what the man who put munis on the map is saying abou

IF YOU KNEW WHAT I KNOW... Would you buy a municipal bond for the subways in New York City that’s rated AA-, or only A? Would you care what a bond is for as long, as it’s a general obligation backed by the issuer’s full faith, credit, and taxing power? Would you pay 109 for a bond, a premium of $90 for every $1,000 face value, knowing you’re going to get back only $1,000 at the end??Would it be crazy to buy a 30-year bond at age 80? Would...


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