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<p>[QUOTE="NorthKorea, post: 2489965, member: 29643"]To everyone recommending mortgage REITs, I would stop. It's not necessarily that they're good or bad vehicles, but moreso that they're far more complex than anyone is willing to admit. Most financial advisors have no idea how they work, even though they sell them, since their wholesalers say to. Yes, they give good yields today, but if rates go up, the prices drop and if rates go down (virtually impossible right now), the yield will drop, too.</p><p><br /></p><p>One of the biggest issues for compliance reviews has actually become forum posting. Our compliance officer asks us for a documented list of where we post now, to verify that we aren't giving financial advice in states we aren't licensed for or products we *are* licensed for to non-clients. Just watch yourselves is all I'm saying.</p><p><br /></p><p><i><b>The preceding post does not intend to be considered as investment advice. Any investments should be considered for all layers of underlying risk, including but not limited to time, interest, exchange rate, leverage and underlying assets. Please consult your financial advisor for any investment questions/concerns you might have.</b></i>[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2489965, member: 29643"]To everyone recommending mortgage REITs, I would stop. It's not necessarily that they're good or bad vehicles, but moreso that they're far more complex than anyone is willing to admit. Most financial advisors have no idea how they work, even though they sell them, since their wholesalers say to. Yes, they give good yields today, but if rates go up, the prices drop and if rates go down (virtually impossible right now), the yield will drop, too. One of the biggest issues for compliance reviews has actually become forum posting. Our compliance officer asks us for a documented list of where we post now, to verify that we aren't giving financial advice in states we aren't licensed for or products we *are* licensed for to non-clients. Just watch yourselves is all I'm saying. [I][B]The preceding post does not intend to be considered as investment advice. Any investments should be considered for all layers of underlying risk, including but not limited to time, interest, exchange rate, leverage and underlying assets. Please consult your financial advisor for any investment questions/concerns you might have.[/B][/I][/QUOTE]
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