Are you determine which Invest (2)
Posted By George on October 3, 2009
State and local Governments also sell bonds. Unlike bonds issued by the federal government, these bonds typically have interest rates higher. This is because State and Local Governments can indeed go bankrupt – unlike the federal government.
State and Local Government bonds are free from income tax – even the flowers. State and local taxes may also be exempt. Tax-free bonds of the State and the general Local Government Bonds.
Purchase of foreign bonds is actually very difficult, and is often done as part of mutual funds. This is often very risky to invest abroad. Type safe to buy bonds is one issued by the U.S. Government.
Interest that may be a little lower, but again, there is little or no risk involved. For best results, when the bond until maturity, reinvest to other bonds.
[...] States government to sell Treasury Bonds through the Treasury Department. You can purchase Treasury Bonds with a start date of maturity of three months to thirty [...]