Exams

The persons whose primary investing objective is to preserve capital while generating a tax-free income stream, then municipal bonds are worth considering.

Municipal bonds (munis) are debt obligations issued by government entities. When you buy a municipal bond, you are loaning money to the issuer in exchange for a set number of interest payments over a predetermined period. At the end of that period, the bond reaches its maturity date, and the full amount of your original investment is returned to you.

Types of Municipal Bonds :

Municipal bonds come in the following two varieties:

1. General obligation bonds (GO)
2. Revenue bonds

General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer.

Revenue bonds, which are issued to fund infrastructure projects, are supported by the income generated by those projects.

Both types of bonds are tax exempt and particularly attractive to risk-averse investors due to the high likelihood that the issuers will repay their debts.

The Progressive Movement:

Today, you hear the term ''progressive'' discussed a lot in politics, but progressivism is not a new concept. It was first used to describe policies and interventions of the late 19th to early 20th century, by reformers who felt the need for societal changes.

The first Progressives felt called to action in response to the conditions of poverty, inequality, and corruption that were pervasive during the 19th century.

World's first fully solar-powered airport is in India. The Cochin International Airport is powered by a solar plant comprised of over 46,000 solar panel units.