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Started By
Message
Does MB rate BAC a buy?
Posted on 3/9/14 at 7:23 pm
Posted on 3/9/14 at 7:23 pm
TIA. Thinking about picking up a few shares.
1
Posted on 3/9/14 at 7:56 pm to RunningBlake
Should have bought when it was $5. 
Depends. Long term or Short term? Do you think we're in a bubble and can buy for cheaper later? For what purpose?
Depends. Long term or Short term? Do you think we're in a bubble and can buy for cheaper later? For what purpose?
Posted on 3/9/14 at 8:01 pm to ell_13
This is very long term. Supposedly, bank stress tests are later this month.
Posted on 3/9/14 at 8:10 pm to RunningBlake
quote:Then it should be a buy for you regardless of the next year or two which is when some see an overall drop for "this bubble".
This is very long term
Posted on 3/9/14 at 8:20 pm to ell_13
Posted on 3/9/14 at 8:31 pm to RunningBlake
I've owned it before and did very well.
When I first opened Roth IRAs for my wife and myself (2011), I used my IRA to pick out 10 Stocks and my wife's for a few mutual funds. But that was when I could keep an eye on things, not too look for something "better" but to make sure the stocks I had were still solid. But since last year, I couldn't rely on myself anymore to watch them so I moved mine to mutual funds as well (for the most part).
When I first opened Roth IRAs for my wife and myself (2011), I used my IRA to pick out 10 Stocks and my wife's for a few mutual funds. But that was when I could keep an eye on things, not too look for something "better" but to make sure the stocks I had were still solid. But since last year, I couldn't rely on myself anymore to watch them so I moved mine to mutual funds as well (for the most part).
This post was edited on 3/9/14 at 8:32 pm
Posted on 3/9/14 at 9:28 pm to ell_13
Long term is not a buy, IMO. There are much better banks out there that won't have to get chopped into 100 pieces at some point.
Posted on 3/9/14 at 11:55 pm to TheHiddenFlask
Banks were just forced to eat each other up and you think BoA is going to be pulled apart?
Posted on 3/10/14 at 12:51 am to ell_13
The vast majority of gobbling by BOA was before the crash.
However, I'm more talking about the non retail and commercial arms of BOA.
However, I'm more talking about the non retail and commercial arms of BOA.
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