Wednesday, April 11, 2007

PRFHX - Where to park money

PRFHX - T. Rowe Price TAX-FREE HIGH YIELD
Yes, its high yield, but it averages about 6+% tax free returns, with low risk ("junk" municipal bonds). Its not a bank deposit, but I prefer it over places such as ING Direct etc. Credit for this tip goes to my close friend, Shirish Jamthe.

No comments: