Rookie question: I understand MUB gives tax-free stable dividends but since its value has dropped about 10% since 2022, what are some reasons I should have it in my portfolio if I’m still young? Something like VTI or VOO has significant gains since 2022, it would be a fairly safe investment if I’m not retiring soon?
And on the flip side what’s the case against MUB?
Also, how is MUB compared to HYSA? Should I have both, or just one is enough since both serve similar purposes?
Thank you!