Over the past couple of years, the economic picture has brightened for many cities and states — but some of them are still facing potential financial problems. As a citizen, you may well have concerns about these issues. And as an investor, these financial woes may affect your thinking about one particular type of investment vehicle: municipal bonds. Specifically, given the difficulties faced by a few municipalities, should you consider adding … [Read more...]
Nourish the “Roots” of Your Investment Strategy
On Arbor Day, which we celebrate this week, people across the country plant trees. Of course, trees provide us with many benefits, including beauty, fruit and oxygen, as well as protection against land erosion. But the act of planting and nurturing trees can also guide our behavior in other areas of life — such as investing. First of all, consider the vision and patience exhibited by tree growers when they plant their saplings. As an investor, … [Read more...]