Hi, I’m Mary, the new data scientist here at Neighborly!
In my previous incarnation as a convertible bond trader for a large bank I got plenty of experience with people’s perceptions of financial activities and their social value. When I told someone what I did for a living I would often see their face fall.
“CSBA plans to actively support a bill introduced by Assemblymember Tony Thurmond that would allow school districts to generate greater local revenue to meet facilities needs by amending current restrictions on bond values.
Even if you’ve never bought a municipal bond before, if you have an investment account, there’s a good chance you have some muni bonds sitting in your portfolio.
But what if you’d like to invest in a specific public project, place or sector by buying an individual muni bond directly?
neighborlyblogWhat’s the Difference Between a Muni Bond Fund and a Muni Bond?
Using a new product in a professional context is rarely an easy switch. It may feel about as uncomfortable as switching banks or using a new health care provider. That’s why we’ve launched a system called ‘joyrides’, where you get a walkthrough of the page you’re on and its key features.
Hey I’m Dylan, a new software engineer here at Neighborly. In addition to being a coder, I’m also a finance nerd and hobbyist investor. I love keeping up on economic news and market trends because I believe it’s a great way to watch history play out in real time.
How does an idea become a bond? It’s a journey in five phases The first is the planning phase.
Every few years, issuers like cities and school districts create Capital Improvement Plans These Plans describe critical projects like building new schools, parks or infrastructure and estimate the funds that will be needed to support those projects.
Public improvement bonds often need public approval This occurs in phase two – the campaign phase.
Public officials and political campaigners collect signatures in support of a bond issuance, backed by voter taxes. If a petition reaches a certain percentage of signatures from qualified citizens, the proposition is added to the ballot. Some issuers, like school districts can submit a petition directly to the ballot without collecting signatures.
Now the real campaign starts.