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Re: HappyAlways post# 693050

Saturday, 08/21/2021 7:06:00 AM

Saturday, August 21, 2021 7:06:00 AM

Post# of 800119
Young with steady income sure... This is indeed an investment of a lifetime but unfortunately the price you have to pay for it is far too great for many to bear...

By price I mean ETFs have an expense ratio but for FnF its a 13+ year emotional roller coaster ride.


If you look at the bright side, the investment is getting way more attractive.

1. They can't kill the GSEs. Eventually, they will need to release them. I expect it will come in 1-3 years.
2. You can now expect 15 times return. For example, FNMAS is $1.6 with face value at $25.
3. Many lawsuits are going on. We need to win just one.
4. Congress and FHFA had agreement to look into the matter again in this Sept. I suppose they will at least come up with a plan to finish the last piece of unfinished work from Housing Crisis in 2008.


I am retired. If I were young with steady income, I will invest in the GSEs monthly.