I thank you for your reply.
I don’t watch 60 Minutes, but I will do some research and re-visit with my Broker after the Holidays.
Good luck to us all...
This story aired last Sunday night and is worth a few minutes. I found the story to be surprisingly unbiased. Gov Christie of NJ puts the problems in plain-speak....
ObamaCare heaped additional problems on state and local governments. Local governments operate many medical facilities and ObamaCare imposed new rules on these facilities that cost money.
Consequently, the price of the medical center municipal bonds have dropped by 15 to 20% in the past few months.
AA rated medical center municipal bonds now yield 5.5 to 5.75%.