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Latest revision as of 09:41, 18 September 2024

Investing in bonds is often a good for you to earn reasonable returns, discover ? do talked about how much whether a tax free bond or simply a taxable bond is approach investment? A bond is actually the lending of money to another party. Bonds are issued as to protect the money loaned. Most bonds are generally corporate or governmental. These are traditionally issued in $1,000 face amount. Interest is paid on an annual or semi-annual rate. Corporate bonds are taxable, while some governmentals are non-taxable. Municipal bonds and I-bonds (issued by the U.S. Treasury) are non-taxable.

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