Kass: I'm Putting My Money in the Banks - TheStreet.com
Kass: I'm Putting My Money in the BanksTheStreet.com -
At the time of publication, Kass and/or his funds were long Bank of America, Citigroup and Wells Fargo, although holdings can change at any time.
I like doug.... but damn... he is usually a few weeks early
Thursday, May 29, 2008
Kass is in the banks
Subscribe to:
Post Comments (Atom)
2 comments:
I put some KRE into my IRA. We'll see where it is in 3 yrs.
I've never checked to see if it pays a dividend... I'd assume so. hopefully it's in that 6% range
and you don't have the risk that one bank will go bust....
Some people compare this crisis to the 90's one, and say that the P/E's aren't comparable. Problem is the S&L Crisis caused more fear in the banks because so many went out of business.
with a dividend that is a very smart play.
Post a Comment