Word: munis
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Dates: during 2000-2009
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DIED. KAREN MORLEY, 93, brainy blond bombshell of 1930s Hollywood, who played Paul Muni's moll in Scarface, Greta Garbo's fellow spy in Mata Hari and a farm-cooperative pioneer in King Vidor's Our Daily Bread; in Woodland Hills, Calif. Later she was blacklisted for refusing to answer questions from Congress about her ties to the Communist Party...
...taxable account, municipal bonds look good right now, says Vanguard's McKinnon. Low-cost muni funds are available from Vanguard, as well as from Fidelity, T. Rowe Price and USAA, with yields of 3% to 4%, tax free. McKinnon also likes REIT funds, which invest not in bonds but in the income-rich shares of real estate investment trusts. Vanguard's REIT fund yielded 5.3% last year; another economical choice, Cohen & Steers Realty Shares, yields...