Municipal Bonds - A Safe Bet
One of the safest places to park your money is in bonds, specifically Municipal Bonds. Munis offer a steady income stream from interest payments. Munis are also liquid and can be sold early to the company or on the over-the-counter market for the current going rate. Insured Munis offer the safety of an insurance company paying you the owed principle and interest in the rare cases that the issuer defaults. Even though there are no true safe havens, Municipal Bonds offer one of the safest and consistent returns considering the state of the economy today.
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