These 6%+ Yielders Are a Screaming Bargain

If you’ve invested in municipal bonds lately, you may be coming down with a serious case of buyer’s remorse. But you shouldn’t, as I’ll explain in a moment. In fact, now is the perfect time to double down and buy more of these high-yielding, ultra-stable investments . First, let’s look at why “munis” have fallen off a cliff, setting up an excellent buying opportunity for you and me. “Off a cliff” is no exaggeration. Take a look at what’s happened to the five biggest muni-bond ETFs in the past month: Muni Bonds Tank When investments as stable as these put on a drop like that, you’d expect, say, a looming global financial crisis. You could argue that Trump might bring us precisely that, but this sentiment runs counter to the jump in financial stocks—and the strength of stocks broadly—we’ve seen in the past few weeks, as well as the investment banks’ forecasts for rising GDP growth and inflation. ... Read more