Recent Posts

Bond-Fund Blues

Why is my tax-exempt fund dropping in value? QUESTION: Why is my tax-exempt bond fund dropping in value? ANSWER: You’ve just been introduced to one of the drawbacks of investing in a bond fund instead of an individual bond. If you held a specific municipal bond until maturity, you would …

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New Orleans Hospitals in Crisis Situation

NEW ORLEANS – Hospitals across the city faced deteriorating conditions Tuesday after two levees broke, sending water coursing through the streets of the Big Easy. An estimated 80 percent of the below-sea-level city was under water, up to 20 feet deep in places, with miles and miles of homes swamped. …

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Tip No. 20: Don't Lend Uncle Sam Money

If you had a big refund this year — or a staggering tax bill — now’s the time to correct things. Do you have a juicy tax refund coming your way this year? Or were you once again blown away by how much you owe? Either way, it probably means …

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