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Bank Stocks….
General Boards - Business & Investing
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Replies: 7
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Bank Stocks….


Mar 10, 2023, 3:20 PM
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How low do you watch them go before you buy? Can’t imagine this is a bad buy over time. They are not going under.

flag link military_tech thumb_downthumb_up

Will prolly bottom out Jan 20, 2025.***


Mar 10, 2023, 3:22 PM
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2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

Re: Will prolly bottom out Jan 20, 2025.***


Mar 10, 2023, 4:19 PM
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badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up


fire sale right now on SIVB***


Mar 10, 2023, 3:32 PM
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badge-donor-05yr.jpgbadge-ringofhonor-conservativealex.jpg flag link military_tech thumb_downthumb_up


Re: fire sale right now on SIVB***


Mar 10, 2023, 3:40 PM
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Not really looking at them. I know they seem to be the catalyst. BAC, is down 30% from a year ago. I know it might take 2 years to recover but if you buy at the mid 20s, and just sit on it, it will eventually go back to upper 30s to mid 40s.

I feel like that was a mistake I made in 2008/9. Bank stocks were trading in the $5-6 range. It took 5 years but they all shot up.

Govt. is not going to let them go under. Why are people selling..

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Re: fire sale right now on SIVB***


Mar 10, 2023, 10:39 PM
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You’re probably right, but this is a problem.
They need to be able to fail.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

Why won't they go under?

1
Mar 11, 2023, 7:14 AM
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We are heading into dark financial times. People and businesses will need to access their cash deposits. If more is going out than going in while interest rates are still rising banks won't have the cash for their depositors.

Banks put their cash in "safe" investments which typically means treasury bonds. As interest rates rise the value of bonds decrease if you have to sell them early. Nobody is buying a 2% bond when 4% is available, so to sell the bonds to get cash they have to be deeply discounted which means the banks lose money...billions

It's a chain reaction. The next couple of years could get really bad, especially if the Biden administration and dems keep up with the massive spending bills and start installing massive tax increases.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


Re: Bank Stocks….


Mar 13, 2023, 11:26 PM
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It looks like right now Bank Stocks are a great place to re-invest your Crypto. 😏

2024 orange level member flag link military_tech thumb_downthumb_up

Replies: 7
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