Michael Robertson, Chairman and CEO Robertson Wealth Management, LLC
Michael Robertson, Chairman and CEO of Robertson Wealth Management, LLC, and host of “Straight Talk About Money” on 1110AM/KTEK, 5 pm –6 pm, Monday-Friday, has been in the financial industry for 35 years with over $1 billion under management. His expertise is trusted and sought across the nation. His services cover all areas of the wealth management process including investment strategies, retirement planning, risk management, estate conservation, trust services and charitable giving.
What are municipal bonds?
To encourage investors to lend money to cities, states, and municipalities to pay for public projects such as roads, airports, water, and sewer systems, Congress exempts Municipal Bonds interest from federal income taxes although it may be subject to Alternative Minimum Tax. Thus, they are more appealing to taxpayers in high income tax brackets. It is important to realize though that the principal will fluctuate just like every other type of bonds. If and when rates go higher, you could see a drop in your principal value. I recommend short term ladders with bonds that have a revenue stream I can see.
Michael Robertson
Robertson Wealth Management, LLC
8431 Katy Freeway Ste. 200
Houston, TX 77056
(713) 624-4004
www.RobertsonWealthManagement.com
