H&W in the Media

Don’t Stash Your Cash – Invest it


For more conservative investors, high-quality tax-free municipal bonds can be the way to go. “If you’re looking for income, cash is a bad idea because cash gives you no income and you have to pay taxes on it,” said Bill Walsh, president of Hennion & Walsh in Parsippany, N.J., which focuses on munis. “You should buy high-quality municipal bonds, which could yield 3.5 to 4 percent.”

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