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Introduction
Lesson 1 – Suitability
Basic Arithmetic Tells You When
Lesson 2 – Tax-Free-To-Taxable Yield Ratio
The Closest Thing To a Buy Signal
Lesson 3- Fluctuation
“If I Sell Prematurely, How Much Will I Lose?"
Lesson 4 – Timing
The Money Game People Love To Play
Lesson 5 – Ladders and Barbells
Never all Long. Never All Short. Never All Wrong
Lesson 6 - More on Long Maturities
How To Get The Most Out Of a Municipal Bond Without Waiting Until 2040
Lesson 7 – Ratings
“Only AA minus? Something Must Be Wrong.”
Lesson 8 – Blue Chips of Municipal Bonds
A Sincere Commitment To Pay
Lesson 9 – Municipal Bond Arithmetic
“How Much Is That In Dollars?”
Lesson 10 – Choices! Choices!
A million and a half combinations of issuer, coupon rate, and maturity.
Lesson 11 – Decisions! Decisions!
Reducing Them to Four Investment Decisions
Lesson 12 – Opting For Management
Having Lebenthal Asset Management Build a Portfolio for You
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