My husband’s company lets us direct our retirement funds into a brokerage account (Vanguard), so we are not at the mercy of any fund manager or limited by the choices of a plan administrator. We are very fortunate; we can get out of GSE holdings completely. I need to review all their fund and index options, to pick the right one. Anyone who is limited in their company’s offerings, can probably do a transfer to Vanguard, and those who are reliant on a pension fund are pretty much stuck and have to hope for the best.
Mr. Brubaker – Are you saying that the mortgage loan money is coming from investors? Yes, but there are trillions of dollars involved. Where were these trillions invested before 1995? Unless new money was printed, there would be a shift from one asset class to the MBS/GSE bond market. Which asset class has suffered a loss of investor interest?
