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=100135RK
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