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DewDiligence

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DewDiligence

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Re: kris_kade post# 202217

Sunday, 06/26/2016 11:50:59 AM

Sunday, June 26, 2016 11:50:59 AM

Post# of 251792
[OT]—There is no general answer because it depends on your risk tolerance, your desire for tax-free income, and your state income-tax rate—as well as your outlook for interest rates.

When buying VMATX, I satisfied my concern about rising interest rates by observing that the fund's worst year ever for total return was -2.5%.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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