Buying Bonds For Dummies

[simpleaffiliate source="chitika" results="0"][/simpleaffiliate]
[simplecontent lang="" source="flickr"]buying bonds for dummies[/simplecontent]
Is there an independent website that educates me on which NY municipal bond funds are?

best?
How about a site that educates me about the best investments that are SAFE?
I have about $25,000 to invest, and I will be adding another
$28,000 every year. My time frame is about 10 years, at most. But I want the maximum yield that is safe, NOT risky.
I am very confused about investing, and what my options are. I want to get a general idea of the lay of the land. I have read the "Dummies" books and one "Idiot's guide" for investing, but I'm still confused. I need a website that shows me the lay of the land in a clear, succinct manner, plus recommendations on what to buy.

Try morningstar.com.

They are the industry standard for investor advice on mutual funds.

You do realize that "maximum yield" and "no risk" do not go together....?

If you buy a higher yielding fund, it will included either risky bonds and/or leverage. If you go too far out on the yield curve to increase the yield, the bonds will loose money if interest rates rise in the future (which is likely with a 10 year investing time frame).

You will probably do better with a diversified bond fund or muni indexed fund. At $25,000 a year, is your income really high enough to need a focused NY fund?

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX)
Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX)
Vanguard Intermediate-Term Investment-Grade Fund Investor Shares (VFICX)
Vanguard Total Bond Market Index Fund Investor Shares (VBMFX)


These are about as close as you can get to standard, low cost, well managed bond funds.





(Disclosure: I own VFICX directly and VBMFX indirectly)

Fed Buys Bonds, But Americans Lose!


[simpleaffiliate source="amazon" results="10"]buying bonds for dummies[/simpleaffiliate]
[simpleaffiliate source="cj" results="10"]buying bonds for dummies[/simpleaffiliate]
[simpleaffiliate source="clickbank" results="10"]buying bonds for dummies[/simpleaffiliate]