Todays Pick : Tax Exempt Municipal Bond Funds : Nuveen Funds : NKG, NEA, NMZ and more...
I am moving away from Stock Picks today and focus on some reprieve from Uncle Sam with my investment. He already takes a big byte out of my paycheck (which is no where near BIG) - I hate to give him anything more!
Nuveen Funds are amongst the most often invested funds and yield good returns that are either not taxed or taxed partially..
I will tell the readers a little secret about myself today. I live in the state of 'Georgia' and i have been invested a little in Nuveen Georgia Municipal Bond Fund for over 6 years and hence have tasted the secret sauce behind this tax or partially taxed investment. 'NKG' is the ticker that has been returning me nearly 5% tax-free income for all these years - good deal, ain't it?
I felt more comfortable about my 'NKG' investment when i read sometime back that our House Speak Paul Ryan is heavlily invested in 'Nuveen Funds' as well. I did not care which funds he was invested in, the mention of Name was good enough for me to get into the Game..
A list of tax-exempt funds from Nuveen, sorted by State, is available for reference at http://www.nuveen.com/CEF/DailyPricingTaxExempt.aspx. Feel free to pick and choose the fund for your state and fly by uncle Sam's toll booth with a free ride.
The link again for the list of funds is : http://www.nuveen.com/CEF/DailyPricingTaxExempt.aspx
This is by the the best way that i have come across to generate tax-free pre-retirement income. Please comment if you find any others...
Happy Savings!!!
I am moving away from Stock Picks today and focus on some reprieve from Uncle Sam with my investment. He already takes a big byte out of my paycheck (which is no where near BIG) - I hate to give him anything more!
Nuveen Funds are amongst the most often invested funds and yield good returns that are either not taxed or taxed partially..
I will tell the readers a little secret about myself today. I live in the state of 'Georgia' and i have been invested a little in Nuveen Georgia Municipal Bond Fund for over 6 years and hence have tasted the secret sauce behind this tax or partially taxed investment. 'NKG' is the ticker that has been returning me nearly 5% tax-free income for all these years - good deal, ain't it?
I felt more comfortable about my 'NKG' investment when i read sometime back that our House Speak Paul Ryan is heavlily invested in 'Nuveen Funds' as well. I did not care which funds he was invested in, the mention of Name was good enough for me to get into the Game..
A list of tax-exempt funds from Nuveen, sorted by State, is available for reference at http://www.nuveen.com/CEF/DailyPricingTaxExempt.aspx. Feel free to pick and choose the fund for your state and fly by uncle Sam's toll booth with a free ride.
The link again for the list of funds is : http://www.nuveen.com/CEF/DailyPricingTaxExempt.aspx
This is by the the best way that i have come across to generate tax-free pre-retirement income. Please comment if you find any others...
Happy Savings!!!