An idea for your IRA

Recently I added AGNC to my Roth IRA. AGNC is a REIT (Real Estate Investment Trust). REITs don't have to pay income taxes to the IRS but they do have to pay out 90% of their taxable earnings to their shareholders. The shareholders then treat the dividends as ordinary income. That is why it is in my IRA, so I can grow it with out having to pay taxes on it. AGNC in particular yields around 18.5% annually in dividends. AGNC borrows with short term funds and buys government guaranteed MBS (mortgage backed securities). There are interest rate risks associated with AGNC but management can hedge these risks in case the yield curve flattens out. Check out some of the different REITs and see whether or not they match up with your investment strategy, there are REITs that invest in everything from malls to student housing to nursing homes.