September 8, 2011
I've invested most of my pension and 401K retirement money in a mortgage REIT. They offer great returns with manageble risk. A great example of this is NLY which has produced an average dividend of greater than 10% over the last 10 years with lower market risk.
Yes, I want to be protected but please don't change the tax status or limit leverage on these instruments. They are a great investment for those, like myself, that want to take more risk in a taxed deferred account for a greater return
I plan to live off the dividend. Without this investment vehicle I'll definitely need to go back to work (if I can find it).