no refinance of course!

I am sure that I can get 3.75% return.

buy JNK, buy Mortgage backed mutual fund like Fidelity GNMA. these pays 6-10% per year.

When you see fed changing rate, sell them all and keep the cash! :)

Is this easy.

所有跟帖： 

• how about NLY, then? -美西游子- ♀ (0 bytes) () 10/08/2010 postreply 22:38:47

• well, do not put all in -比花花还花- ♂ (203 bytes) () 10/08/2010 postreply 23:35:53

• Then I have no cash to buy JNK or GNMA..:(. -Morning3evening4- ♂ (0 bytes) () 10/09/2010 postreply 06:43:17