Fannie Mae-No Politics (FNMA)

[contrarian bull]

What's everybody's cost basis?

Wow now that is a difficult question for me. So many buys, sells, wash rule invoked...

But I ran a quicken report on all buys and sells since my first buy in 2008 and it gives me a net total investment of $16,726. This is all of my buys minus all of my sales.

I currently hold 64,800 commons so divided out that gives me an average cost of $0.26.

Of course - that's my "effective" cost. My cost basis for current shares according to the IRS is more like $1.75. Made it worse today by buying more at $2.26... :(

Oh I forgot to add in the $90 I got in dividends before they suspended them... so my basis might be a fraction of a cent lower...