Comments on: Time To Go Long The Dollar – 2 http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 16 Mar 2010 21:22:11 -0700 http://wordpress.org/?v=2.8.1 hourly 1 By: Curt http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/comment-page-1/#comment-9711 Curt Wed, 25 Jun 2008 21:49:04 +0000 http://livingoffdividends.com/?p=781#comment-9711 I agree. Gold is going to continue to climb. Get your money out of the dollar while you still can. I agree. Gold is going to continue to climb. Get your money out of the dollar while you still can.

]]> By: Living Off Dividends http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/comment-page-1/#comment-9045 Living Off Dividends Tue, 10 Jun 2008 20:34:39 +0000 http://livingoffdividends.com/?p=781#comment-9045 a day late and a dollar (well 80 cents) short! the story of my life! LOL a day late and a dollar (well 80 cents) short! the story of my life! LOL

]]> By: Jamy http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/comment-page-1/#comment-9041 Jamy Tue, 10 Jun 2008 19:19:14 +0000 http://livingoffdividends.com/?p=781#comment-9041 Hi, US$D up $0.80 cents today and gold down 26 today. Jamy Hi,
US$D up $0.80 cents today and gold down 26 today.
Jamy

]]> By: MoneyEnergy http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/comment-page-1/#comment-8987 MoneyEnergy Mon, 09 Jun 2008 18:49:54 +0000 http://livingoffdividends.com/?p=781#comment-8987 If Freddie and Fannie go bankrupt, it would be Bear Stearns all over again. I'm curious to know why you think these two might be in trouble? In any case, I'm invested in commodities, metals. I have no US-based investments except a global ETF that is held in ADR form (since I'm in Canada). If Freddie and Fannie go bankrupt, it would be Bear Stearns all over again. I’m curious to know why you think these two might be in trouble?

In any case, I’m invested in commodities, metals. I have no US-based investments except a global ETF that is held in ADR form (since I’m in Canada).

]]> By: Chris http://livingoffdividends.com/2008/06/07/time-to-go-long-the-dollar-2/comment-page-1/#comment-8925 Chris Sun, 08 Jun 2008 06:01:36 +0000 http://livingoffdividends.com/?p=781#comment-8925 Guess what? There are **a lot of** folks that don't understand GNMA as well. It's not surprising that you don't know it. GNMA are mortgage securities that are actually backed in full faith by the US government (Treasurys is the other entity that they back). The securities are pooled together by combining mortgages from different entities such as vets, government officials, etc and sold off to the market. Even if the borrowers default on their mortgages, as a bond holder, you are still going to receive your due dividends from the US government. The ONLY way (similar to Treasurys) that your GNMA bond is worthless is if Uncle Sam folds. For close to 5% div return with that default risk, shoot, I'd take it. Even corporations aren't immune to defaults, including FNM and FRE. However, I'd be careful with buying shorts. Wealthy people don't play options. They **receive** options :-) Good luck. Guess what? There are **a lot of** folks that don’t understand GNMA as well. It’s not surprising that you don’t know it.

GNMA are mortgage securities that are actually backed in full faith by the US government (Treasurys is the other entity that they back). The securities are pooled together by combining mortgages from different entities such as vets, government officials, etc and sold off to the market. Even if the borrowers default on their mortgages, as a bond holder, you are still going to receive your due dividends from the US government. The ONLY way (similar to Treasurys) that your GNMA bond is worthless is if Uncle Sam folds.

For close to 5% div return with that default risk, shoot, I’d take it. Even corporations aren’t immune to defaults, including FNM and FRE. However, I’d be careful with buying shorts. Wealthy people don’t play options. They **receive** options :-)

Good luck.

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