Billki

Gold: The 'Lousy' Investment that Outperforms

Get rid of this Scottrade popup, Having some Gold is better then not having any at all.

U.S. Banking Crisis: Is Nationalization the Answer?

What happens to the Preferred Securities I bought for income for my retiement. If the banks get nationalized.

Privatize the Banks, Already

What happens to the Preferred Securities holders in these banks, I bought for retirment income.

Bank of America's Recent Stock Action

pennben, Thank You, I needed to hear that. The 1000 shares I was talking about were preferred securites with Merrill Lynch.Now BOA, I will hold, Thanks again.

Bank of America's Recent Stock Action

I own 1000 shares of Bank of Am. @ 25.00 at 8.25% return for income. I'm retired, should I sell and take a 50% lose just to safe what I can of my capital ,I'm worried that they will Natioalized and I will lose everything.
any comments would help me out, thanks

Banks Under Attack Again, But the Blame Is Not Theirs Alone

I'm 64 years old and can use the income of the Preferred securities of Bank of America, Barclay Bank, Deutsche Bank, Keycorp and Morgan Stanley,There all Preferred securities paying about 8.25%.
Worried about the govenment taking them over and leaving me with nothing. Ore there just going to to the way of Bear Stearns.I guess I'm not the only one thinking about this in these times.

Let's Fast-Forward to a New RTC

I'm 64 years old and have perferred securities with a few investments banks including Bank of america. I dont know if I should take a hair cut loss and put the money in US-Treasury bills, or just stay and get my 8.25% return. If the Investments banks still stay in business. Kind of worried, at this point . Like alot of other people. Thanks.