It would not work for me to be on Fannie Ihub without a vested interest, that is, without owning FNMA.
To me, that would be like a "virtual" trading account.
Some of the brokerage firms offer "virtual trading" accounts. They will "give" you 1,000,000 dollars virtual money, and you essentially play a video game where you buy and sell and compete with other "virtual" traders who do the same. In the end, you make zero, but, if you are successful, you have bragging rights:
(For example) I turned one million dollars into 4.9 million in sixty days, type of thing.
"Winning" this virtual reality video game of trading does not necessarily mean I can then go do that with real money, because luck is a big part of it.
I knew a guy who once won 20,000 gambling. He told me its the worst thing to ever happen.
He then explained "why".
"Well", he responded. "I just knew I could hit the jackpot again on that same machine."
So, he not only squandered the entire 20,000 back in the same machine, but he took out a second mortgage on his home, because he would "just pay it back" when he "hit" again.
Guess what? He lost his home. Of course, his wife was not happy living in the streets because he gambled away their home. So she left. He lost everything. I could see that happen with virtual trading, too.
I own shares of FNMA and have my own money invested, for more than 10 years. This is not a video game for me!!!
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