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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (93489)12/10/2001 11:18:44 AM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
KT, Re WS Vanguard article.

IMO, Vanguard seems to be one of the few MF companies with integrity these days.

I sold the MBS fund on the day the treasury announced they would not be issuing 30 year treasuries anymore. The fund is now down considerably from where I sold it.

BTW, I did some research lately on buying some Ginnie Mae's and I was quoted a lower yield than the 30 year treasury with an average 8 year maturity. In my opinion not exactly a good deal.

Joan
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