BUY IT UP?
thoughts on buying up BAC now?
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thoughts on buying up BAC now?
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No different than a month ago...sure it's a bit cheaper now, but i hear the same value story. Unfortunately, it's hard to analyze these big banks.
Best of luck to you sir.
It's never smart to have a huge position correlated with the industry you work in. The closest I get to my industry are the custody banks and exchanges, and even then, never more than 5-10% of my portfolio, no matter how cheap they are.
Better to hold consumer staples, resources, and utilities and sleep well at night.
I would rather go with Wells Fargo, Allianz and Munich RE.
But it is your choice. You should seriously consider buying stocks with your decision.
lol
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