Replies to post #471734 on Fannie Mae-No Politics (FNMA)

[contrarian bull]

Just my policy to sell some. For now I buy fannie and freddie whenever they drop 10% and sell some when they go up 20%.

My IRA has over half its value in fannie/freddie commons and preferred. Too much in one basket. My regular brokerage account also has almost half in f&f.

Yeah - hurts to sell, but I'm very close to retirement and am taking the conservative route.

I'm only selling a few thousand shares of each when they tick up, so today's share price gain increased my f&f portfolio much more than the few thousand I sold. So it's still a growing holding.

contrarian bull, why did you sell some F&F today if you think VP Pence will do some good in MArch?