The Problem With Municipal Bonds

Owning the wrong kinds of bonds can be painful in the investing process. Today, Paul addresses the problem with municipal bonds. Listen along to hear about the purpose of bonds in a portfolio and the many risks associated with municipal bonds, which traditionally give lower returns than equities but still offer a higher risk on principal than other bonds. Paul also addresses how the tax benefits pull investors in. Later in the episode, Paul shares an article from a Princeton professor: “Burton Malkiel: Does ESG Investing Deliver on Its Promises?”

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