Before buying, you must decide between the two primary categories:
Buying municipal bonds ("munis")—debt securities issued by state and local governments—is a popular strategy for investors in high tax brackets seeking federal tax-exempt income. You can buy them directly as individual bonds or indirectly through managed funds. 1. Choose Your Investment Method how do you buy municipal bonds
: Many traditional banks also offer bond-buying services. 3. Identify the Type of Bond Before buying, you must decide between the two
: More accessible for beginners, offering professional management and instant diversification for as little as $100. how do you buy municipal bonds
: Provide personalized advice and research but typically charge higher fees or markups.