Fannie Mae-No Politics (FNMA)

[RickNagra]

Let us suppose those 51,000 shares you bought at todays price of around $3.85. Probably you bought them less but assume $3.85 for now. Your purchase price is $196350. In about 10 years from now there is a high probability share price will be $100 or more. Your investment is now worth $5.1 million. Then as Jog stated your quarterly dividend will be about $25,000. You could live off your dividend and never touch your principal. WOW.

Some of the seasoned folks here recognize the body language and stonewalling exhibited by commentators in the media on FnF coverage, I've detected exact body language and facial expression to the same when I invested big on Sirius XM (SIRI) when it was at .25. I'm holding long with 51,000 FNMA/FMCC commons.