Bank of America: Better Than Treasuries [View article]
Between CFC, its own mortgage issues, plus its credit card delinquencies, this stock could see 18.
Karchad - your statement regarding the DVY is a non sequitir. That's like saying a 4% cap gain distribution is safe because its a mutual fund. There is no correlation. The DVY is substantially financials, many of whom who will cut their dividend. Meanwhile you get a capital loss as the financials and other components of the DVY decline.
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Between CFC, its own mortgage issues, plus its credit card delinquencies, this stock could see 18.
May 23 12:44 pm
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All Comments by buyitcheap »Bank of America: Better Than Treasuries [View article]
Karchad - your statement regarding the DVY is a non sequitir. That's like saying a 4% cap gain distribution is safe because its a mutual fund. There is no correlation. The DVY is substantially financials, many of whom who will cut their dividend. Meanwhile you get a capital loss as the financials and other components of the DVY decline.