1. Sofi Loan
2. Student Loans
3. Maxxed Bank of America Credit Card
4. Upstart Loan
5. 401K loan
6. refused meet earnest loan (they turned me down)
7. Sell everything else, your time, your worldly possessions, your words on the GSEs, your writing ability
8. Buy GSE commons
by some accounts what i’m acquiring is not that much, like if you’re a doctor and you make $500K+/year, you might see this as a position
by other accounts, the value that I am acquiring represents over $1M/year of business ownership… If you figure that the GSEs make over $10/share in normalized earnings and I have over 100,000 shares, that’s the math.
125,000 shares+ is going to be the count as I continue to go all-in. I will have run out of fire power, dry powder, oh well.
Why not?
On the backend, acquiring a business that makes over $10/share for $2.50 is a pretty good idea. The problem that the government illegally took it over and stole all the profits by committing accounting fraud is being resolved, watch for the restatement and ongoing depositions as they become public, perjury and all that jazz is going to be my groove dance.
I have a good shot at 8 figures here.