Fannie Mae (FNMA)

[wil318466]

This is my startegy also. If it goes to zero and I lose every dollar I put in, so be it. I took a chance with 60 thousand dollars to become actually somewhat wealthy.

I have a slightly different approach on the end, though. If the share price actually reached something like 50 dollars by the end of the year, I'd be willing to consider holding all my shares if I thought we could get to, say, 100 within 1-3 years after that point. I'm in no rush, and I'd be willing to wait multiple years if I thought it would keep slowly climbing. Not needing the money is a bit advantage, and I would try to maximize the opportunity.