Mortgage Investment Trusts as a way of increasing One's Income

  1. 881 Posts.
    lightbulb Created with Sketch. 101

    I have been a member of HC for some time now following battery material stocks which I have.
    However I have recently become interested in Mortgage investment trusts which now seem to be
    returning about 71/2%-91/2%. per annum. (Better that having dead cash in the bank!!!!)
    And have recently put some cash into one at 8%
    Are there any others here who have experience in mortgage trusts ???
    One of the problems can be as I see it; is that you are locked into the period of the loan which can be up
    1-3 years
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.