Municipal Bond Update 1

The good news is that the municipal bond market has somewhat stabilized, but I've only made .1% on my investment to date. Fortunately the brokerage I am buying through does not charge for purchases of internal mutual funds. Bonds are difficult/expensive to buy for the average investor given the average size ($1000) and transaction costs ($10 and up at many online brokerages). If you are purchasing less than $100K in bonds, it makes much more sense to purchase shares of a mutual fund. Achieving diversification and keeping transaction costs low is incredibly difficult otherwise.