Investing 102

[GregWeld]

That's a good solid plan Bob.... NLY is a terrific payer... but IF -- Big IF -- the interest rates start climbing -- the dividend will get eaten alive with a drop in share price. Of course that's hard to predict when and where and how much etc -- but JNK -- NLY -- HYG -- these are very mortgage interest rate sensitive.... and the banks are going to start to jack up the mortgage rates if houses keep selling like they have been. What remains to be seen is if the sales are really localized regionally or are they broad based.