I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"

Full disclosure: I own shares in BAC.

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Posted by Cajun Revolution

Member since Apr 2009

44671 posts

Posted on 4/9/14 at 9:46 am to LSURussian

quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"

How long do you think the average american investor holds a single stock certificate nowadays before turning it over? I have no idea but I'd bet my savings it's less than one year.

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Posted by Cold Cous Cous

Bucktown, La.

Member since Oct 2003

15049 posts

Posted on 4/9/14 at 10:09 am to LSURussian

quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"

Eh, that's a silly game to play. You could literally do that for hundreds of stocks (going either direction), and it's just hindsight bias.

Let me put it otherwise. If I go to my deathbed with my #1 regret being having missed a runup in Bank of America stock in the mid-2010s, I will consider that a successful life.

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Posted by TheIndulger

Member since Sep 2011

19239 posts

Posted on 4/9/14 at 10:27 am to LSURussian

quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"

I'm still bruised from kicking myself for not buying it when it was $6 two years ago. I don't know if I can handle any more....

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