Standing Corrected
September 14th 2008 12:01
In another post I suggested buying Fannie Mae(FNM) and Freddie Mac(FRE) stocks, because government bailout usually leads to a rise in those stocks. The following day the stocks plunged to under $1US. Fannie went up some, Freddie didn't. Are they still a good investment? Perhaps with a diversified Portofolio.
Ome always needs to analyze the stocks and the stock market, and any advice should be weighed in to your final decisions about buying. With FNM and FRE, the obvious was not the reality as told in this analysis here. It talks about investing in China and foreign stocks.
We also find that Freddie and Fannie didn't happen overnight.
Ome always needs to analyze the stocks and the stock market, and any advice should be weighed in to your final decisions about buying. With FNM and FRE, the obvious was not the reality as told in this analysis here. It talks about investing in China and foreign stocks.
We also find that Freddie and Fannie didn't happen overnight.
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