BlackRock Muniyield Michigan Ins. Fnd II (AMEX:MYM)
Closed-end fund which seeks to provide shareholders with as high a level of current income exempt from Federal and Michigan income taxes.
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Shorting fixed income is an easy way to beat the S&P 500 WHEN the S&P does well, but it is an equally awful way to under perform when the S&P does poorly. As a side note I'm interested in the Supreme Court Ruling on the tax ability of State Municipal Bonds.
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bonds underperform
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These are boring. The market is interesting. Therefore, the market wins.
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