Investing in financial stocks is almost always going to be a risky investment, especially during our economy's current financial crisis. The important thing to remember in times like these is that more than ever, it is essential that you do your research before purchasing any financial stock.
Thursday, November 27, 2008
Buy Financial Stocks
Investing in financial stocks can be a great move at times. This article explains how to invest in the right financial stocks.
Investing in financial stocks is almost always going to be a risky investment, especially during our economy's current financial crisis. The important thing to remember in times like these is that more than ever, it is essential that you do your research before purchasing any financial stock.
When investing in financial stocks, keep in mind that lower interest rates are always better for the companies. As interest rates approach 5% or higher, I would recommend selling all financials.
I would only consider (obviously) investing in the best of the best. So here is a list of what I believe are the best financial stocks to own (in order): Goldman Sachs (ticker: GS) JP Morgan Chase (JPM) Morgan Stanley (MS) Wells Fargo (WFC) Bank of America (BAC) A good place to learn more about investing is the Investment Strategies forum.
Investing in financial stocks is almost always going to be a risky investment, especially during our economy's current financial crisis. The important thing to remember in times like these is that more than ever, it is essential that you do your research before purchasing any financial stock.
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