Fannie Mae Preferred S (FNMAS)

[Letgoofmyfannie]

blindsided by some unforeseen force

I'd be more concerned about the very obvious known forces that are looking for the chance to punch us in the face.

I notice you seem to continually worry about stuff you can't control, don't expect, don't like, yada, etc. Did you ever think that maybe these highly speculative and risky shares just maybe aren't for you given your relative lack of comfort over the risk reward scenario before you?

One should not play with fire if one isn't willing to get burned once in a while. You can and may lose everything in these shares.
If you aren't willing to do that and at least halfway expect to, than you ought to fold the tent. You'll sleep better at night.


FYI also that the price rises have hardly stalled, in fact they have increased in recent weeks, though it don't mean a thing if it ain't got that swing... If you aren't aware that December has often been fraught with peril for these shares than you really should consider another investment.