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[quote=Anonymous]My financial advisor is recommending a 6 year bond ladder that would yield about 4% tax free return but the management fees are likely to be about 1.1%. He did say that each year, some bonds will come due and so will free up some money but that it’s likely better to keep money in the fund till maturity which means some money will be tied up for 6 years. Is this a good bet for cash part of your portfolio? Are there any other options for higher returns for money sitting in cash otherwise? Thanks.[/quote]
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