patrick.net

http://www.forbes.com/sites/baldwin/2012/11/25/do-you-live-in-a-death-spiral-state/?source=Patrick.net

Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Dont put it in a state at high risk of a fiscal tailspin. Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii. If your career takes you to Los Angeles or Chicago, dont buy a house. Rent. If you have money in municipal bonds, clean up the...