Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Winans Investments reports: Forget municipal bonds - the best bonds to buy in today's volatile, high tax world are corporate issues!

NOVATO, Calif., Dec. 21, 2012 /PRNewswire/ -- Despite the scary headlines, investments continue to climb an economic wall of worry. However, the biggest financial "head scratcher," is why average investors are still willing to pay such a high price for the troubled waters of municipal bonds in spite of the better tax advantaged yields offered in mid-grade, corporate bonds.

"Even though Stockton and San Bernardino's fiscal problems are still news, investors are chasing low yielding California municipal bonds with maturities as far out as 2033!" says money manager Ken Winans.

These investors are willing to ignore glaring issues in owning municipal bonds today:

  1. The financial mismanagement of many state and local governments likely means future bond defaults.
  2. Yields on U.S. municipal bonds are at their lowest level in 49 years. History teaches us that overpaying for long-term bonds in a low interest rate environment leads to huge hits in investment values during interest rate advances in the future. In fact, a 5-year municipal bond, bear market had a huge price decline of 57% following 1963's record high!
  3. Many tax-free bonds are in fact taxable, because these issues can be subject to the alternative minimum tax, which targets most high-income earners.
  4. Unlike most other types of investments, transaction costs and investment management fees for most municipal bonds are not tax deductible.

What should tax-conscious bond investors do?

  1. Diversify into corporate bonds: Not all municipal and corporate bonds are the same, so shop for the best tax equivalent yield. Currently, 5-year mid-grade corporates are yielding over 6.5%!
  2. Shorter maturities on new investments: Investors should avoid new bond purchases with maturities exceeding 10 years. The investment volatility should be significantly less during the next bear market in bonds.
  3. Amortize premiums paid on bonds: By amortizing the premium paid on bonds above maturity value, the tax equivalent yield-to-maturity favors corporate bonds.
  4. Track the bond markets trends: If the Bond Buyer G.O. 20-Year Municipal Bond Price Index crosses below its 100-week moving average, a new price downtrend has begun, so be cautious on new municipal bond purchases.

Caveat Emptor: Municipal bonds are popular with the investment industry. Not because they necessarily offer better returns to their clients, but because they can make more compensation on these investment products!

SOURCE Winans Investments

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Today's datacenters face a gauntlet of challenges including protection of physical and virtual environments, fast recovery of data, reducing backup times and storage requirements, server consolidation, and disaster recovery. How are savvy CIOs conquering these types of challenges...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the ...
CodeFutures, a provider of agile Big Data technologies, on Tuesday announced the release of Cory Isaacson’s newest book, “Understanding Big Data Scalability.” Isaacson is the CEO/CTO for CodeFutures and an industry-leading innovator of data management software. “Understanding Big...
Cloud Computing is evolving into a Big Three of Amazon Web Services, Google Cloud, and Microsoft Azure. Cloud 360: Multi-Cloud Bootcamp, being held Nov 4–5, 2014, in conjunction with 15th Cloud Expo in Santa Clara, CA, delivers a real-world demonstration of how to deploy and co...
Avaya has escalated its efforts to get customers to fast-track to the cloud with the first of several sweeping initiatives that will optimize solutions and processes for delivery of collaboration as a service (CaaS) via the Avaya Collaborative Cloud. Strong demand for Avaya commu...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

Infinera Corporation (NASDAQ: INFN), provider of Jul. 23, 2014 04:15 PM EDT