Replies to post #139841 on Fannie Mae-No Politics (FNMA)

[cadillac107]

I'm impressed with the large sum of money you have amassed at the ripe "old" age of 31. At your age you are in a position to take a far greater risk than I. Now I wish I could answer your question with a concrete answer, but I doubt if anyone truly can. Keep in mind that this stock, having increased almost ten fold in the past year, is not for the faint of heart. I've been in the market for quite a long time, and one thing I've learned is that diversification is essential, as is expressed by the following old Wall Street adage: Bulls make money, as do bears, but plungers (pigs) do not. So what am I saying? At this point, it greatly depends on your risk tolerance level and your level of comfort. What ever choice you make, GLTU.