Today we welcome Bill Walsh, President of Hennion & Walsh. They may not be the most exciting investments around, but according to one of the country's leading experts on the subject, tax-free municipal bonds can easily serve as a solid foundation for any investor's portfolio, providing both predictable and tax-free income year-in and year-out. "You can purchase a high-quality municipal bond right now and get a return of around 5% tax-free, which is equivalent to almost 8% from a taxable investment for investors in the highest tax bracket," says Walsh. Bill says one key to successfully investing in tax-free municipal bonds is to know what is backing the issue. Essential purpose revenue bonds and general obligation bonds are usually a good place to start. The ability to levy taxes is a pretty strong guarantee that the borrower will be able to pay out interest for the life of the bond and that the bond will retain its value at maturity. For more information visit www.hennionandwalsh.com

Today we welcome Bill Walsh, President of Hennion & Walsh. They may not be the most exciting investments around, but according to one of the country's leading experts on the subject, tax-free municipal bonds can easily serve as a solid foundation for any investor's portfolio, providing both predictable and tax-free income year-in and year-out. "You can purchase a high-quality municipal bond right now and get a return of around 5% tax-free, which is equivalent to almost 8% from a taxable investment for investors in the highest tax bracket," says Walsh. Bill says one key to successfully investing in tax-free municipal bonds is to know what is backing the issue. Essential purpose revenue bonds and general obligation bonds are usually a good place to start. The ability to levy taxes is a pretty strong guarantee that the borrower will be able to pay out interest for the life of the bond and that the bond will retain its value at maturity. For more information visit www.hennionandwalsh.com

Today we welcome Bill Walsh, President of Hennion & Walsh. They may not be the most exciting investments around, but according to one of the country's leading experts on the subject, tax-free municipal bonds can easily serve as a solid foundation for any investor's portfolio, providing both predictable and tax-free income year-in and year-out. "You can purchase a high-quality municipal bond right now and get a return of around 5% tax-free, which is equivalent to almost 8% from a taxable investment for investors in the highest tax bracket," says Walsh. Bill says one key to successfully investing in tax-free municipal bonds is to know what is backing the issue. Essential purpose revenue bonds and general obligation bonds are usually a good place to start. The ability to levy taxes is a pretty strong guarantee that the borrower will be able to pay out interest for the life of the bond and that the bond will retain its value at maturity. For more information visit www.hennionandwalsh.com

Today we welcome Bill Walsh, President of Hennion & Walsh. They may not be the most exciting investments around, but according to one of the country's leading experts on the subject, tax-free municipal bonds can easily serve as a solid foundation for any investor's portfolio, providing both predictable and tax-free income year-in and year-out. "You can purchase a high-quality municipal bond right now and get a return of around 5% tax-free, which is equivalent to almost 8% from a taxable investment for investors in the highest tax bracket," says Walsh. Bill says one key to successfully investing in tax-free municipal bonds is to know what is backing the issue. Essential purpose revenue bonds and general obligation bonds are usually a good place to start. The ability to levy taxes is a pretty strong guarantee that the borrower will be able to pay out interest for the life of the bond and that the bond will retain its value at maturity. For more information visit www.hennionandwalsh.com

If the Great Recession has taught us anything, it is that "wealth" in the traditional sense is fleeting. With record numbers of home foreclosures and investment portfolios decimated, not only must we redefine the idea of wealth beyond the simple collection of material objects, but we must also re-examine our personal – and collective – psychological understanding of how to obtain wealth. With his thought-provoking book The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity, psychotherapist Dr. Charles Richards aims to expand our understanding of wealth and instill individuals with a new process for seeking and achieving wealth in the future. An eye-opening sociological and psychological investigation of the history of wealth in America over the last 250 years, The Psychology of Wealth provides a 360-degree view of how anyone, regardless of their current situation, can reach their personal wealth goals and pass that wealth on to future generations.

If the Great Recession has taught us anything, it is that "wealth" in the traditional sense is fleeting. With record numbers of home foreclosures and investment portfolios decimated, not only must we redefine the idea of wealth beyond the simple collection of material objects, but we must also re-examine our personal – and collective – psychological understanding of how to obtain wealth. With his thought-provoking book The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity, psychotherapist Dr. Charles Richards aims to expand our understanding of wealth and instill individuals with a new process for seeking and achieving wealth in the future. An eye-opening sociological and psychological investigation of the history of wealth in America over the last 250 years, The Psychology of Wealth provides a 360-degree view of how anyone, regardless of their current situation, can reach their personal wealth goals and pass that wealth on to future generations.

If the Great Recession has taught us anything, it is that "wealth" in the traditional sense is fleeting. With record numbers of home foreclosures and investment portfolios decimated, not only must we redefine the idea of wealth beyond the simple collection of material objects, but we must also re-examine our personal – and collective – psychological understanding of how to obtain wealth. With his thought-provoking book The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity, psychotherapist Dr. Charles Richards aims to expand our understanding of wealth and instill individuals with a new process for seeking and achieving wealth in the future. An eye-opening sociological and psychological investigation of the history of wealth in America over the last 250 years, The Psychology of Wealth provides a 360-degree view of how anyone, regardless of their current situation, can reach their personal wealth goals and pass that wealth on to future generations.

If the Great Recession has taught us anything, it is that "wealth" in the traditional sense is fleeting. With record numbers of home foreclosures and investment portfolios decimated, not only must we redefine the idea of wealth beyond the simple collection of material objects, but we must also re-examine our personal – and collective – psychological understanding of how to obtain wealth. With his thought-provoking book The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity, psychotherapist Dr. Charles Richards aims to expand our understanding of wealth and instill individuals with a new process for seeking and achieving wealth in the future. An eye-opening sociological and psychological investigation of the history of wealth in America over the last 250 years, The Psychology of Wealth provides a 360-degree view of how anyone, regardless of their current situation, can reach their personal wealth goals and pass that wealth on to future generations.

If the Great Recession has taught us anything, it is that "wealth" in the traditional sense is fleeting. With record numbers of home foreclosures and investment portfolios decimated, not only must we redefine the idea of wealth beyond the simple collection of material objects, but we must also re-examine our personal – and collective – psychological understanding of how to obtain wealth. With his thought-provoking book The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity, psychotherapist Dr. Charles Richards aims to expand our understanding of wealth and instill individuals with a new process for seeking and achieving wealth in the future. An eye-opening sociological and psychological investigation of the history of wealth in America over the last 250 years, The Psychology of Wealth provides a 360-degree view of how anyone, regardless of their current situation, can reach their personal wealth goals and pass that wealth on to future generations.

The featured guest today is Certified Financial Planner and Amy Veteran Steve Repak, author of the new book, Dollars and Uncommon Sense: Basic Training For Your Money. Steve will discuss how uncommon sense is going to put you on the road to financial stability. He will reveal the six traits of wealth builders and his unorthodox 10-10-80 rule (why you should give first, save next and then live off the rest). He will provide a plan for your paycheck – a step by step guide to where your money should and shouldn’t be going each month. He will also discuss his personal experience of racking up over $32,000 of credit card debt while serving in the military and the steps he took to change his own finances, get out of debt and build his wealth. www.DollarsAndUncommonSense.com