Been accumulating SLM. Adding at today's open. Sallie Mae is the ONLY govt sponsored Biz Entity to be almost unscathed during the 2008-2010 debacle that bought down FNM- Fannie Mae ; and FNM- Freddie Mac. Per share dividend yield is 6%. Cd's and Govt Bonds are paying much less. If you're patient and want to hold to 5 years - Look for $ 24/ per share and 8% per year in dividends 48 months out. Trade Plan: long $10.25 stop $9.20, look for next p/back to add (if not currently invested).
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