How to Get Safe 6.5% Income From Municipal Bonds

Wall Street says you have to settle for the pathetic 2% yields most folks scrape by on from 10-year Treasuries, or your typical S&P 500 stock. Don’t believe them. Because there’s a far better way to bankroll your retirement that they won’t tell you about: municipal bonds. While their name sounds boring, that’s the last word I’d use to describe the income they throw off: “munis” pay dividend yields of 5% and often much more, thanks to a unique tax advantage. In fact, the 3 off-the-radar plays I’ll show you below can let you pull a steady (and safe) 6.5% out of some of the safest muni bonds out there.… Read more