Arent tax-free exchanges oversold?
You may think that you never want to move your money from a mutual fund, stock, bond, or bank CD, but think again. No one knows where interest rates will be in a couple of years or if a bank may become troubled or when a favored manager may leave a mutual fund. When such an event occurs, you may be reluctant to move your money either due to a sense of safety (comfort level in dealing with the same institution year after year) or because of the tax ramifications.
