SLM CORP EDNOTES BOOK ENTRY FR 5.5% of 06/15/2029

Picture of Sallie Mae off of I-95 in Delaware

 

 

 

Let me talk to the people with less than $1,000 to get started with investing. Even if you don't have $1,000, you can borrow the money and make payments while you receive payments from SLM Corporation.  

SLM CORP EDNOTES BOOK ENTRY FR has an interest rate of 5.500% on $1,000. It is due on 06/15/2029. It is callable early at $1,000. This means for every bond that you buy, it can be called at $1,000.  So if you buy this bond at $815.00, you get $1,000 if they call the bond or if you keep it until maturity. The bond is rated by Moody's at Ba3. It is rated by S&P at BB. Fitch rates them at BB. No one has them on credit watch. The CUSIP No. is 78490FLE7. 

The bond sold recently at $815.00 for  $1,000 per bond. It pays $55.00 per year, giving a YTM of  7.640% until June 15, 2029. You, the investor can buy and sell this bond whenever you want.

 

 

This is an example of a Stock Certificate. A Bond Certificate looks similar. 

SLM Corporation, also known as Sallie Mae, together with its subsidiaries, operates as a financial services company specializing in education in the United States. It offers education loan options for undergraduates, graduate students, and professional students, as well as families with children in private K thru 12 schools; and banking products, such as money market accounts, high yield savings accounts, and certificates of deposits.

 The company also provides auto, tuition, life, health, travel, and renters insurance coverage for students, recent graduates, and young adults. In addition, its products and services include Upromise rewards, scholarship search and planning tools, private education loans, and online banking services.

 SLM Corporation is based in Newark, Delaware.

Get your financial act together as early as you can!

 

Darnell L Williams

I was talking to a Black woman not too long ago, telling her how she can improve her wealth.  She told me that she did not want to hear this "Pie in the Sky" crap.  She said no Black person can do what I was talking about.  So I started telling her what I have been doing for the last 40 years.  As you know, once I start doing that then I go from talking about "Pie in the Sky" to being a braggart.

 

I am not the only Black person talking about building wealth. Click on the link below, read and listen to what the Black Newspaper, the  "New Pittsburgh Courier Online" is saying about building wealth in the Black Community.    

 

http://newpittsburghcourieronline.com/2015/01/17/wealthyu-closing-your-personal-wealth-gap/?omcamp=es-npco-nl&utm_source=Sailthru&utm_medium=email&utm_term=Pittsburgh%20Subscribers&utm_campaign=Lifestyle

WealthyU: Closing Your Personal Wealth Gap

 

My Book; Building Wealth with Corporate Bonds

 

I told you many times about my last book published in 2003 called, "Building Wealth with Corporate Bonds." The price is $35.00. I am selling off my final copies of this book. After that, I do not plan to produce anymore.  Some of the topics enclosed are:

 

• Creating a Risk Policy

• Bull and Bear Markets

• What are Stocks and Bonds

• Corporate Bond Strategy

• Buying Corporate Bonds on Margin

• How to Place orders

 

 

You can buy a copy of my book by sending a donation of $35.00 money order to: Darnell L Williams

Building Wealth with Corporate Bonds

I/O Darnell L Williams

200 A Seneca Way

Havre de Grace, MD.  21078

 

I only have a limited amount of copies so order yours today. When they are gone, they are gone.