karchad

Bank of America: Better Than Treasuries

I'm suspicious of real high dividends. Without knowing much, it seems to me that a 7%+ dividend is way out of whack for a bank. Just raises red flags for me. As for the "dividend being safe" for a stock, yeah right, I have oceanfront land in Kansas for those who believe any dividend of a bank is "safe", and by the way, i'm bullish on the market, but still, dont throw caution to the wind!...

I prefer DVY, whose 4% dividend is truly safe because it's an ETF, and the only way the dividend gets cut is due to a price rise!

Any dividend north of 5% (non-REIT, that is), I'd do some serious due diligence on!

Insider Trends in the Financial Sector

Agree totally with the article. If you can't see beyond your nose, you avoid things like homebuilders and financials. If you're in it for the long haul, and have seen these things happen time and time again, you move your money into these sectors that have dropped 50-80%. Can't help but make great money in the next 5-10 years. It's the only way small-potato investors like me can beat the indices, and I do.