Is now a good time to buy Banking sector focused funds? | TigerDroppings.com

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Jake88
George Mason Fan
Member since Apr 2005
8375 posts
 Online 

Is now a good time to buy Banking sector focused funds?


I know little about this but understand that what heads on CNBC and Bloomberg say may come with the baggage of their own personal interests, but some are saying that Fed tapering and imminent increases in interest rates will help that sector take off. True or are there other mitigating factors? Has the majority of the improvement already happened? Thanks.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Is now a good time to buy Banking sector focused funds?


buy FAS its 3x ETF of the banking sector.....its up like 50% this year





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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2416 posts

re: Is now a good time to buy Banking sector focused funds?


quote:

I know little about this


One of the best investment tips I've been able to agree with is "invest in what you know".






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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16874 posts
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re: Is now a good time to buy Banking sector focused funds?


quote:

One of the best investment tips I've been able to agree with is "invest in what you know".


Literally in CFA materials as something idiots do.






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Jake88
George Mason Fan
Member since Apr 2005
8375 posts
 Online 

re: Is now a good time to buy Banking sector focused funds?


Could you elaborate on that comment please?


I've got investments in some of the larger more popular funds. I was just wondering about the banking sector for a small percentage of my investments overall.






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Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3668 posts

re: Is now a good time to buy Banking sector focused funds?


quote:

buy FAS its 3x ETF of the banking sector.....its up like 50% this year


Do not do this. Leveraged ETFs are not investments, they're meant for day trading.






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