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How can I buy these risky mortgage backed securities I keep hearing about?
Posted on October 29th, 2008 No comments
Laissez-Faire Guy asked:
Supposedly, investors who invested in these mortage backed securities are taking a bath, and the securities have declined big time, right?Well, these securities must have some value, I mean not every loan is defaulting, and even the ones that are are backed by homes with some real value.
So I figure since everyone is freaking out about these securities, they must be really cheap now. How can I invest in them at today’s sale prices?
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