Elite Pharmaceuticals Inc (ELTP): Munis offer favorable tax treatment. I u...

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Elite Pharmaceuticals Inc (ELTP)

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Re: warrentt post# 191899

Friday, 04/01/2016 8:32:59 AM

Friday, April 01, 2016 8:32:59 AM

Munis offer favorable tax treatment. I used to manage corp investments at a large company. We used a broker to discuss various muni opportunities and to execute the trade after we got rid of Bloomberg station. I'd suggest using a full brokerage like Schwab for something like this. Need to be careful on some munis though as you need to know what you are buying (utilities vs golf course)

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