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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: TechKim who wrote (19611)	5/6/2014 3:47:16 PM
From: candsrr	Respond to of 34328

Likewise. I originally had ORNCX, but I decided to switch to totally tax-free. I was satisfied with the Oppenheimer Rochester operation, so I started building up ORMDX in December, 2010. Most buys were below 10. It is in an account where I draw out the dividends and interest so no reinvesting. Hopefully that will change in two years when I have to start RMD's from my IRA. But all that aside, I think ORMDX has done the job. The PR thing is a bit unnerving because the interest I mentioned above is exclusively from PR bonds. At first I had MD bonds, but I hope we relocate somewhere down the road, so I wanted interest that would be tax-free regardless of the state of residency. It still remains to be seen if that was a good decision, but so far, no defaults.