You forgot two risks:

来源: 天下无马 于 2010-06-08 20:07:33 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (336 bytes)

1) dollar devaluation
If you look at how much value USD lost since 2000. will 6% yield compensate? (even at this years temporary USD rise)
2) municipal bankruptcies.
Unless you are blind, have you seen all level of municipal governments are on the edge of bankruptcies?

I will not touch muni bond in a 10 ft pole. :)

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