In Plus episode 459, we discuss who is on the other side of the TIPS trade. We analyze the Simplify MBS ETF (MTBA) and learn what mortgage-backed TBAs are. We review the performance and risk of ETFs that invest in closed-end funds. Finally, we explain why MLP data is no longer included in the monthly investment conditions and strategy report. … [Read more...]
453 Plus: Investing in Mortgage Backed Securities and Mortgage REITs, Old 401k Plans
In Plus episode 453, we explore the current environment for mortgage-backed securities and why mortgage REITs are struggling. We discuss the options of what to do with 401k plans held at former employers. … [Read more...]
444 Plus: Master Limited Partnerships, Differing Bond Yield Calculations, and AI Model Hallucinations
In Plus episode 444, we provide an update on master limited partnerships. We look at the differing bond yield calculations for bond funds and ETFs, and why there can be a disconnect between yield to maturity and the SEC yield. Finally, David shares his bizarre experience trying to get ChatGPT 4 to correct a podcast transcript. … [Read more...]
315 Plus: Moving Out of Cash, Purchasing and Storing Cryptocurrencies, and Mortgage REITs
In Plus Episode 315, we answer a member's question about how to move his portfolio back into the stock market. We review how to purchase and store cryptocurrencies. Finally, the episode includes the audio from a new video lesson on how to invest in mortgage real estate investment trusts. … [Read more...]
238 Plus: Federal Reserve Actions, DoubleLine, MBS and REITs
In Plus episode 238 for the week of February 2, 2019 we analyze the recent change by the Federal Reserve to effectively put their policy of raising short-term interest rates on hold. We review a profile of DoubleLine Capital in Kiplinger's and the risks DoubleLine sees in the current investment environment, particularly for rising U.S. interest rates. We evaluate the difference between agency and non-agency mortgage backed securities in terms of default risk. Finally, we look at Cohen … [Read more...]
238: The U.S. Is More Socialist Than Denmark Regarding Home Mortgages
How the U.S. mortgage market differs from the Danish mortgage market. Danish mortgage rates and defaults are lower than the U.S.. and unlike the U.S., the Danish government is not involved in protecting investors against mortgage defaults. This episode also explores how the mortgage broker industry has evolved since the housing crash. Photo by Nick Karvounis In this episode you’ll learn: How mortgages are securitized in the U.S. by government-sponsored enterprises and investors are … [Read more...]
185 Plus: Mortgage REITs, Inverted Yield Curve, and TIPS
This week December 16, 2017 on Money For the Rest of Us Plus, we answer a member's question on where to invest new IRA deposits. We look at the remarkable success of an inverted yield curve at predicting recessions. We explore investing in mortgage REITs both through their common shares, preferred shares or through a levered exchange traded note. Finally, we analyze why Treasury Protection Securities have underperformed traditional fixed income and what are expectations over the next … [Read more...]
MNY103 Plus: Mortgage-backed Securities and More On Peer-to-Peer Lending
This week on Money For the Rest of Us Plus I provide an overview of mortgage-backed securities. What are they and how does one invest in them. We also look at how to evaluate an active fixed income manager. I also answer a question on what happens if a peer-to-peer lender such as Lending Club goes bankrupt. We also take another look at default rates and reasonable expected returns for peer-to-peer lending. The episode length is 22 minutes. … [Read more...]
97: The Great Financial Crisis
What caused the great financial crisis and how the lessons learned apply to our own financial lives. Photo by A. Golden In this episode you'll learn: What caused the great financial crisis.What are mortgage backed securities and collateralized debt obligations.What is overcollateralization.How leverage and accounting rules contributed to the crisis.How we can apply the lessons learned from the great financial crisis to our own financial lives. Show Notes To Big To Fail: The … [Read more...]
