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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status | |
|---|---|---|---|---|---|---|---|
| SLM | Consumer Finance | -65.27% |
|
0 | 04-Feb-08 | Currently Holding |
04-Feb-08
SLM
Holding Rationale for SLM.
I Liked the fact that it was created to help students pay for collage (costing more each year) by the Government and has sense gone private.
Because the Gov. had problems collecting student loan debt.
Laws were passed to help obtain repayment & also to prevent for forgiveness of debt through bankruptcy etc.
A advantage over other consumer loan stocks.
I bought this at a historic low (Jan. 08) as,waiting has payed
off up to now & was part of my current bottom feeding.
off up to now & was part of my current bottom feeding.
Tagged Stocks: SLM
Posted at 13:35 in Holding Rationales | Permalink | Comments () | Top
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