Replies to post #2074 on ARMOUR Residential REIT Inc (ARR)

[bar1080]

Remember what I posted a couple of months ago, if you put money in a long term bank CD it can be cashed in early with a trivial penalty if rates rise further, Bank CDs will soon be offering rates that will again draw money from conservative investors. The ARR set will take notice. A 2-3% CD sure beats ARR this year.

Of course no one on Ihub admits to putting money in banks because its considered too wimpy.

In certain markets, bank CDs are fabulous investments. And gov't insured.

[catdaddyrt]

got out above 4 -I can't hold this any longer with these conditions - yes the yields are going up which will continue to make this very unattractive at any price imo I have not tubled the numbers to see how I came out yet but with a position at 5.73 and one at 6.69 I got hammered ouch