I like your odds with Vanguard GNMA. Yesterday, with the DJIA falling 1.4% and the speculative Nasdaq down 1.6%, good ‘ole GNMA was up about a half of a percent or 2% relative to the Nasdaq. For the year, GNMA is up 5.25% and yields 2.56%. Sometimes the difference between an ok investor and a great one is that the great one is able to take the ups and downs of the market. In the real world it’s hard to do. But by having a little GNMA in your back pocket it becomes a whole lot easier. And more fun.
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