US Savings Bonds

Archive for February, 2009

Question: Any one here experienced in currency exchange investing and investing in countries and other nations?

I wish to learn more about currency exchange trading and investing in developing nations, may it be India, China or Pakistan or other political forms of investment (such as municipal or city bonds or funds or state funds.) in order to spread out my risk in having most of savings being in the US dollars. I just need more information on how to proceed in investing in these markets and if possible information on what pitfalls to avoid.

Answer: Forex is the common foreign exchange software, and is promoted in the book idiots foreign currency trading.

Recently however, I’ve switched to ODL foreign currency and have appreciated the Broker relations and simplicity of the platform.

The Broker’s are paid on the front of your trade and various among different Companies.

Reading books will be key to your success. Another book I found help is The 10 Essentials of Forex Trading.

Good Luck !!

Finance & Investment Tips : What Is a US Series I Bond?

State income tax treatment is a topic of concern for any US Savings Bonds holders with state income tax exemption. Some Mutual Funds also contain government securities whose interests are exempt from state income tax. Any investors holding government securities with state income tax exemption should be aware of the state income tax treatment of those securities.

State income tax exemption pass through

If you own a mutual fund that invests in certain government bonds or agency bonds with state income tax exemption, you may be able to benefit from the state income tax exemption that is passed through to Mutual Funds holders.

• Real more of state income tax treatment of Mutual Funds and other government securities

JCCC Board of Trustees Meeting, June 16th, 2009