Are municipal bonds worth investing in during tight fiscal times?
Budgetary problems and revenue shortfalls faced by many governmental jurisdictions have raised concerns about potential defaults on their municipal bonds. However, the tax-free interest these bonds can earn — and the knowledge that you may be investing in your community’s growth — can be powerful incentives. Members of the Financial Planning Association of Greater Indiana may be able to advise you on these investments. You can visit its Web site at www.fpagrindiana.org.