Mortgage backed securities..
"We earn income primarily from investing on a leveraged basis in agency mortgage-backed securities ("agency MBS"). These investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (“CMOs”) >>>for which the principal and interest payments are guaranteed by government-sponsored entities, such as the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), or by a U.S. Government agency, such as the Government National Mortgage Association (“Ginnie Mae”) (collectively referred to as “GSEs”). We may also invest in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank ("FHLB"). We refer to agency MBS and agency debenture securities collectively as "investment securities" and we refer to the specific investment securities in which we invest as our "investment portfolio".<<<
I guess if we elect another spend 3-4 trillion on some thrid world war republican and don't know how to raise taxes to finance it... that US backing might crumble..
Why do communists like you invest in the market anyway?
I thought you Bolsheviks think that the market and free enterprise are intrinsically evil.
Shouldn't you be out "occupying" something now instead, wizzing on some cop cars?
Just for a different perspective or enlightenment search on the phrase below to see a 50 year chart of government spending. Defense spending was about 50% previously and now is down to just over 20% while social programs such as medicare, medicaid, safety net programs (Obama care eventually) were low to nonexistent in the beginning. Social programs now take up over 30% and still climbing while our taxes will need to be increased substantially to cover the social program expenses or costs will need to be lowered or cut. I'm not thrilled with the current crop of politicians as they seem to be more concerned with reelection campaigning then being smart and fixing or balancing our government spending. I am happy to be trying someone new until they show some sort of brains to get this fixed or balanced out and quit running up huge deficient which are causing national security concerns.
50 years of government spending in one graph
I don't vote so I will have to leave my politics out of this. Having said that I fear that Gov. Romney will be a tool of neo-conservativves who really want another war with Iran as the target.
I am a Vietnam vet so I have the right to say this; if we enter into another foreign slaughterhouse we should:
(a) Have a "VICTORY" tax rate of 50% on anyone making $1,000,000 a year.
(b) Have a lottery system for a national draft; no "student/teacher" excemptions.
(c) Ration gasoline so everyone feels the pain OR a VICTORY tax of $2.00 per gallon on gas and diesel.
This is the Joeytheghost peace plan for the armchair Generals and "neoconservatives" with their despicable dual loyalties...
<< I have notice they dropped the divi, which was a plus.
Last I looked AGNC divvy was still 1.25. I think you're confusing with ACAS, which dropped its divvy in favor of a share buyback program.
<< START TO DELEVERAGE INSTEAD OF BEING MORNS >>
Guess you'd be happy if AGNC deleveraged, and just put their money in CDs at .79%? Get a clue!
headhunter...let me light me help you since I am such a good honest guy unlike the Scu@#%$bags on this messageboards for the most part who haven't even told you why she is going up...but u will find out when its too late.
AGNC - dividend has dropped...from $1.40 to 1.25.
I would call you a dumb F@#$K, don't ever correct me unless you actually verify such things and can post a link to refernce.
Try listening to the CC of lies they put out as well. Lies because they are distributing out right before.....
Yes DELEVERAGE, that one your gonna have to pay me for such advice.
For the rest of you you should be SELLING out as well, just like they are. Home prices have only gone down half way, don't listen to these analysts who didn't even predict any bubble while the emperical evidence was like looking at the Himalayas.
Sell it boys and take the profits..TRUST Your intiution. Forget the 10% you may miss out on and start running the play book the WISE investors are already running.