I just noticed a private message from August - I'm new to submitting/receiving posts and had not noticed. I don't think I can reply unless I subscribe.
I'm so hoping my investment in this pays off. I have 500 Ps - thank God! I sold 25,000 Us right before the cutoff date. I'm still kicking myself about that but kids and college equals $$$$. I had almost 10,000 WMIHs that I ended up selling to pay for more college related bills. Now I have the loans to deal with and if this investment generates a little income, the first thing I'm going to do is pay them off - I CAN'T wait! Right now they are an anchor keeping us from moving forward. My kids are educated - I'm so grateful for that. Plus, they are great people. BUT it would be so nice to be able to pay off these loans.
This week the IRS sent me a letter letting me know the thousands and thousands I paid a couple of years ago wasn't enough - they want MORE! It's not a large amount - but still. I feel like all I do is pay taxes. So yes, I'm going to be so grateful if my investment generates a little extra cash that I can use to dig out from this financial pit. AND if there's anything left, I'm going to treat myself to something nice!
Based on what I'm reading from people who are a lot smarter than I am, it looks like the end to this is near and there's a possibility of the shareholders getting some relief.
I have a ton of Lehman stock Js, Ps and Cap Trust. Would love to see something happening there too, but doesn't sound as promising.
Mary