Infrastructure spending is back in vogue, and we’ve got a chance to grab a piece of it tax-free.
That would be through municipal bonds, investments most people see as sleepy (though I have no idea why) but are poised to roll as President Biden’s $2-trillion infrastructure package (or some version of it) becomes law. That’s because the law will usher in an explosion of new “muni” bonds—and there are select actively managed closed-end funds (CEFs) ready to pick up the best ones.
By buying them now, we can nicely front run this muni-bond wave.
Tax Savings Can Boost Your Payout 20% (or More)
The best part of buying muni bonds (which are issued by states, cities and some non-profit entities, like hospitals, to fund infrastructure) is that the income they generate is 100% tax-free.… Read more