No. of Recommendations: 0
Author: protopip Date: 1/2/02 5:50 PM Number: 33034
Whats the cheapest way to buy Ginnie Mae's. I know you can buy them through "dealers in publicly traded securities" and the minimium direct investment is $25,000. The first broker I looked at wanted a 3.95% front load- There's got to be a better way- I'm not interested in MBS Funds.

I buy the Vanguard GNMA Fund, ticker VFIIX. No load, and very low expense ratio.

You might also try posting your question on the Bonds and Fixed Income Investing Board:

http://boards.fool.com/Messages.asp?mid=16377088&bid=100135

RK
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