The only relation this has to Porsche 991 owners is that Porsche owners like to be well informed, usually like to be on the cutting edge of things and enjoy making money. And it was the reason I was able to buy my 991 at the point of my life where I'm on retirement income. Because of that, I thought some of you might like to know about them as you don't hear them talked about openly.

The Fed has moved interest rates to 1/4 of 1% and Mortgage REITS have taken advantage of it. They are required to pay dividends equal to a very large portion of their profits- and they are large. AGNC, for example pays $1.25 / quarter for a $33 stock (currently 14.8%). They do this by borrowing at the low percent and mostly buying Government backed mortgages with it. They get the income from the mortgages and since they are mostly guaranteed by the Government, they make a lot of money with little risk. There are a couple of risks for the investors (like when the Feds raise their rates it will squeeze profits), so be sure to look into these carefully before you contemplate buying them through your discount broker; and this is by no means a recommendation to buy them, it's just a recommendation for education.

Hear's a link to an Seeking Alpha article if you're interested.
http://seekingalpha.com/article/6510...ce=google_news

ChuckJ