Breaking Up With Bonds

摘要

Many investors are still leery of municipal bonds. The pros point to some less obvious ways to make up for that income gap. IT'S ON THE MIND of millions of Americans, especially retirees: What to do about municipal bonds that, for generations, have provided a steady income? Is there an attractive alternative- or even an unattractive one? Worries about the $3 trillion muni-bond market started in 2008, when some analysts raised questions about whether certain issues might default or lose value to inflation. Some of those concerns have eased, but even so, many retirees would be wise at least to consider some other income-generating options, say financial advisers.