Investing in bonds is often a good to help earn reasonable returns, learn do verdict whether a tax free bond or a taxable bond is extremely investment? A bond is basically the lending of money to another party. Bonds are issued as to protect the money loaned. Most bonds are generally corporate or governmental. These are traditionally issued in $1,000 face level of. Interest is paid on an annual or semi-annual account. Corporate bonds are taxable, while some governmentals are non-taxable. Municip...