I am new to this Bond's so, I am not sure which one is a good investment like state or federal bonds? Is it worth to Invest now?
Both open-end mutual funds and ETF's are good choices for municipal bond investments.
However, if a leveraged investment is wanted in municipal bonds then there are closed-end mutual funds available.
A bad time to invest in bonds just involves looking for a short duration. A good time to invest in bonds involves looking for longer durations.
Some municipal bonds avoid both federal tax and state tax.
I am not sure which one is a good investment like state or federal bonds?
They're both safe.
Is it worth to Invest now?
If for the long term, then yes, putting a portion (say 20%) of your investment fund in bonds is a good idea.
Lets say1000$ roughly
You're pretty much stuck with bond funds.
so I can save some money from tax.
Then you want either treasury bonds or tax-free municipal bonds from your state.