#1
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CMO\'s
Does anyone own a CMO tranche? I know the minimum investment is high, but are these a good investment? Also, where can you buy these online? I haven't found a place that sells them.
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#2
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Re: CMO\'s
For the benefit of those reading this who have no idea what he's talking about...
http://www.selecttrade.com/products/prod_cmo.html http://www.investingbonds.com/story.asp?id=35 |
#3
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Re: CMO\'s
CMOs should be an awesome investment for the next year or so with interest rates going up, no?
I remember a professor talking about them a while ago, minimal investment was atleast $10k I think, cant remember. Ill shoot him an email and see if he can say anything more about them. |
#4
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Re: CMO\'s
I read the "Bond Bible" by Marilyn Cohen. She does NOT like CMOs as a fixed income investment. From what I remember she stated that tranches sold to the public are generaly the lower quality ones. I can re-read the section and be more specific if you want.
http://www.amazon.com/exec/obidos/tg...s&n=507846 |
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