Investing in bonds is a good way to earn reasonable returns, so how do you know whether a tax free bond or perhaps taxable bond is the most beneficial investment? A bond is simply the lending of money to another party. Bonds are issued as security for the money loaned. Most bonds are generally corporate or governmental. They are traditionally issued in $1,000 face amount. Interest is paid a good annual or semi-annual cornerstone. Corporate bonds are taxable, while some governmentals are non-taxa...