Quote: (02-18-2012 10:54 PM)Entropy Wrote:
Nobody escape the taxman, amigo. You honestly think they will just let you collect a yearly interest and go free without paying taxes on that? lad, you pay taxes on dividends that are not reinvested.
d my money? hmm....i will look further into that. thanks for the info.
Just a heads up, with certain muni bonds, you can get off tax free. Puerto Rico and Guam bonds are triple tax exempt, as are the bonds of the state you live in.
Of course finding a decently yielding muni can be a challenge, but there are some enticing buys out there.