A couple of notes on munis. Since we moved to Maryland I've been looking for municipal bonds that make sense but they tend to trade above par and net close to 3%. For us, that doesn't make sense. Also, if you collect social security, munis can cause your social security to be taxed. How is it that old people on a limited income think anyone in the Republican party is their friend?
Rule #1, Don't lose money. Rule #2, read rule #1. - WB.