Have not trade(sold any FNMA or Fmcc stock yet. Hindsight is20/20....if I know this run up would happen, why would I even want to bother to load up before this week run up....I would have Max out all my credit/loan and load up back when it was trading in the $0.20s....
Why would holding these 2 stock is a bad idea?
Started buying FNMA and FMCC last year(March) and around $0.85 and have added more a few times (as high as $4.xx on last year huge pump and dump day, Sigh(mistake #1)...And because of that day, I was too nervous to add more and as a result ended up with less shares of FNMA and FMCC That I would hope for and felt comfortable with.(Mistake #2)
So, I would like to add more position, so should I go all in next week or Dollar cost average this over the next few weeks/month. Using discount brokers, so commission is not an issue.
WOuld like to hear from other here that were in my position before and what they did and if they were to do it again, would they have done the same/different?
Good thing abt my current FNMA and FMCC is that abt. 80% of them are in ROTH IRA acct.... NO Capital gain tax!!
if you are so sure.... Have you clear your life saving and put everything in FNMA...Don't forget to take out HELOC on your house and max that out in FNMA stock too!
How abt. a little Friendly wager (For Bragging rights only). MARK THIS POST, I said it will NOT hit $10 by APril 2014..... Loser have to Publicly admit that they are wrong in this same message board.... Everyday for a week! This wager is OPEN to All!!