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by Terry O'Grady > View Related Articles
Few investment strategies involving tax-free bonds provoke as much discussion as laddering. Though a close analysis will reveal why it shortchanges investors, many still assert its virtues. We explore how a unique period of American economic history taught us a simple lesson for the ages.
6/20/2001by James A. Klotz > View Related Articles
The good news is that investment pros have rediscovered the tax-free bond market. The bad news is that it's leading to confusion and misinformation. Laddering, for example, is being touted by some pros as sound investment strategy. We beg to differ.
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