‘s 10% Ginnie Maes, right in front of our noses
I wish I had a nickel, no maybe $10,000 for every time I heard someone say,” I wish I had bought those 10% Ginnie Mae bonds back in the day…” (GNMA Bonds are guaranteed by the full faith and credit of the U.S. Government) Well, that Ginnie Mae may still be here, staring us right in the face in the oil and gas and particularly MLP market. Many MLPs in the oil and gas infrastructure business are selling with yields from 8.5%-15% No, it’s not guaranteed but then again interest rates aren’t at near 0% either. We put together a … Read more