The municipal bond market is one of the world's largest and most remarkable securities markets - in order to list them all, it would take 90 pages of your newspaper! Almost two trillion dollars worth of municipal bonds are currently in the hands of investors. That is because municipal bonds are a necessary investment tool for today's tax-conscious investors. Municipal bonds offer predictable amount of attractive current income, potential tax benefits, a high degree of safety, …
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…are many rules and guidelines with municipal bonds, so I feel that one should be educated before investing in these. References Keown, Arthur J. Personal Finance: Turning Money into Wealth, New Jersey, Prentice-Hall Inc, 2001. O'neil, William J. 24 Essential Lessons for Investment Success. McGraw-Hill Trade, 1999. http://www.Ameritrade.com/educationv2, last accessed Monday, November 10th, 2003. http://www.fmsbondsb.com/guide/individuals.htm, last updated 2003. www.investinginbonds.com/info/igmunis/what.htm, last accessed Monday, November 10th, 2003.