There's only a 0.08% chance of going wrong with this investment... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED Claim Your FREE Ultimate Dividend Package Today, you can claim the Ultimate Dividend Package... For FREE. (No credit card required!) Inside, Marc Lichtenfeld - bestselling author of Get Rich with Dividends and world-renowned income expert - is giving away his top five dividend picks. Click here to get the names and ticker symbols of the top dividend stocks in the market! Publisher's Note: 2022 was one of the worst years for the market since Jimmy Carter was in office. And unfortunately, the pain isn't going to end anytime soon... A recent Economist article reported that a global recession is inevitable in 2023. Forbes says a recession is "very likely" in late 2023 or early 2024. JPMorgan, Citi and BlackRock also believe that a 2023 recession is imminent. Sure, the market could bounce back tomorrow... but Chief Income Strategist Marc Lichtenfeld isn't willing to risk it. And you shouldn't either. So if you can't afford to lose money right now, you need an alternative. It's time to quit the stock market in 2023. >>Join Marc's Stock Quitters Summit.<< - Rachel Gearhart, Associate Publisher BOND INVESTING A 99.92% Success Rate Marc Lichtenfeld, Chief Income Strategist, The Oxford Club What if I told you that you could invest with 99.92% confidence that you would make money? That's been the success rate of municipal (muni) bonds over the past 51 years. In other words, fewer than 1 muni bond out of every 10,000 has defaulted since the Richard Nixon administration. Municipal bonds are loans that investors make to governments or quasi-governmental organizations. Some bonds are what are known as general obligation bonds, in which case the money is used by the city or county for general purposes. They are considered incredibly safe because of the taxing power of the issuer. Essentially, if the city or county couldn't pay the bond, theoretically, it could levy taxes to do so. Other muni bonds fund specific projects, such as a hospital, school or toll road. Often, the interest on those individual projects is paid by the revenue generated by the project. But they are typically less risky than they sound, thanks to the backing of the city or county where they are located. Because muni bonds are so safe, they normally pay lower rates of interest. However, the interest is usually free from federal and state taxes, so your after-tax return is often similar to that of a taxable bond. For example, if you own a corporate bond with a 5% yield and are in the 32% tax bracket, after paying federal taxes, you will wind up with 3.4%. If you live where there are state income taxes, your rate will be lower still. If instead you buy a muni bond with a 3.5% yield, you won't pay any tax on that 3.5% and will make more money after taxes than you will with a corporate bond. Now, keep in mind, that's on the interest only. The price of the bonds will affect your total return. Muni bonds, like other bonds, trade at a discount or premium to par value ($1,000), so if you pay more or less than par, it will change your total return. SPONSORED The surprise disaster Joe Biden doesn't see coming One of the most successful businessmen in America over the past 50 years has come forward with a prediction of his own... He says a looming crisis in America will catch Joe Biden and all political progressives by surprise. We've posted his warning (plus 4 critical steps every American should take immediately) on our website. Click here to view it for free... A few months ago, when interest rates were incredibly low, it was tough to find decent muni bonds that paid a generous yield to maturity (the total return of the bond based on interest and price appreciation/depreciation at maturity). Today it's a little easier. The bond with the highest yield to maturity with a maximum maturity of December 2026 that I found is the Decatur (Texas) Hospital Authority Hospital Revenue (CUSIP 243323cu4) bond. It has a 5% coupon and matures on September 1, 2025. The yield to maturity is 4.2%. The yield to maturity is below the 5% coupon because the bond is trading at about $1,025, which is $25 above par value. So as long as you own the bond, you'll get paid 5% (tax-free) per year, or $50 per $1,000 bond. But at maturity, you'll lose $25 because you're buying it at $1,025 and selling it at $1,000. But the interest you realize in the form of $50 per year per bond (tax-free) means you still make money. At the end of the four years, your total annual return comes out to 4.2%. And here's a bonus: As I mentioned, the interest is tax-free. But capital gains on muni bonds are not. That means capital losses are deductible. So if you lose the $25 per bond, you can deduct that from other long-term capital gains while still collecting $50 per bond per year in interest tax-free. Now, consider the best three-year certificate of deposit (CD) rates in the country are about 4.55%, but that is fully taxable. After tax, in the 32% bracket, that comes out to just 3.1%. It's important to remember that a CD is insured by the Federal Deposit Insurance Corporation. If the bank goes under, you get your money back. Muni bonds can be insured. The one mentioned here is not. Though things have to be pretty bleak for a muni bond to default (even though it is always a possibility). As I stated, 99.92% of all muni bonds pay back bondholders at maturity. Muni bonds are a good place to stash some cash, particularly for those in higher tax brackets and/or high-tax states. And historically, you have a 9,999 in 10,000 chance of getting your money back. Good investing, Marc Leave a Comment RECOMMENDED LINKS [Click to Watch] The Secret to an 83% Win Rate... Virginia Millionaire Warns European Energy Crisis Could Destroy U.S. Economy MORE FROM WEALTHY RETIREMENT This Natural Gas Producer Is Swimming in Cash Can This 9.7% Yielder Possibly Be Safe? Use the Bear Market to Pick Up Discounted Dividends Help Teach Your Kids Valuable Money Lessons Facebook Twitter Email Share Push Alert SPONSORED URGENT: Safe Stocks Help Rescue Americans From Market Storm Almost everyone is getting PUMMELED by this market... almost everyone. One group of stocks has "generated returns of almost 30% so far this year," according to Financial Times and Bloomberg. (Hint: It's not gold or energy stocks.) Click here to get all the details. You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. 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