Parsippany, NJ (PressExposure) July 15, 2009 -- Hennion and Walsh (http://www.hennionandwalsh.com) Asset Management President Bill Walsh spoke with CNBC host Mark Haines and his viewers about the benefits tax free municipal bonds can offer the individual investor looking for a steady income stream. Walsh joined Haines as part of CNBCâs Financial Advisor Network with information on what to look for when thinking about tax free municipal bonds, especially when there is so much bad economic news about city and state government tax revenues being off.
âI think you have to take a look at what the underlying security is before buying tax free municipal bonds. Grouping all tax free municipal bonds into one class is not advisable. You have to look at what youâre buying and whatâs paying it. Normally, there are two or three types of bonds that are more secure than possibly others and looking at the underlying security helps to determine their safety,â says Bill Walsh, President and co-founder of Hennion and Walsh, a passionate advocate for individual investors.
Walsh goes on to explain the three types of tax free municipal bonds that can offer the most safety. The full segment can be viewed on the Hennion and Walsh blog, Portfolio Strategies News, at [http://www.portfoliostrategynews.com/?p=424] .
Hennion and Walsh (http://www.hennionandwalsh.com), a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investorâs fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 15,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to.
The firm also developed and manages the SmartGrowth Mutual Funds, three risk-target-based mutual funds. All three funds have been named to the Category Kings list in October 2008 and January 2009 in the all cap core category as reported in the Wall Street Journal (October 2, 2008 and January 5, 2009 editions). Hennion & Walshâs Chief Investment Officer, Kevin Mahn, manages the portfolios of SmartGrowth Mutual funds which utilize ETFs (Exchange Traded Funds) as a core part of their investing strategy. For more information, read the ETF Insights Newsletter (link) or visit [http://www.smartgrowthfunds.com].
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