Please do share your investing strategies and history when you get a chance so we can all learn from you!

Have you ever considered going into a closed end fund like Eaton Vance’s ETO? I’m just curious what you’d think about it as an investment in a tax-deferred account vs a non-tax deferred account. It actually pays a monthly dividend.

DB

It sounds like you bought a municipal bond mutual fund from T Rowe Price.

I like to buy the actual bond (as you do with T bills) and hold it until maturity. That way I know the principal amount to be returned and there are no additional fees after the intial commission.

Super Saver: A couple of years ago, I indeed bought some NJ municipal bonds from T. R. Price at Scottrade, but sold all the shares after Scottrade started to charge fees. I am a little reluctant to invest in bonds in taxable accounts, but if it’s triple tax free, I think it’s worth considering.

MoneyNing: Actually, it’s a little of both, the investments and incomes from our day jobs. I have set up automatic investment plans for most of the mutual funds I invest in so we just keep adding shares as long as we have our jobs, and this has paid off. In our investments in taxable and retirement accounts, about 30% of the total market value is from appreciation and reinvested distributions.

Yes, I may write something about how I do it.

Your networth is very impressive. Any chance you could share with us how you accumulated so much money? Was it because of investments or job or others?