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As conservative investor, I put 25% of my funds into a GNMA Mutual fund.... Suggestion by 98.207.153.105 on 2009-02-09 20:51:57
As conservative investor, I put 25% of my funds into a GNMA Mutual fund. It is the only sector that has held up well in the current downturn. In fact, its Feb 7,2009 price was the highest one in > three years. Return on investment has been about 5-6%, with nearly absolute safety.
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Ginnie Mae is not publicly tradedIt's wholly owned by the government, so its not traded on any stock exchange and doesn't have a ticker symbol
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