For muni bonds, some financial advisors look outside California
On Saturday, March 6th, 2010, the Los Angeles Times ran a provocative article that discussed the merits and risks of owning California municipal bonds. They argued that a portfolio that is too concentrated in California municipal bonds may be put in jeopardy if a catastrophic economic event or a natural disaster occurred. To view the entire article, please click the state seal to the right to link to the Los Angeles Times website.
