....was over at Ed Cone's blog and posted the following---
Ed,
My two cents is to buy at current prices.
My opinion is to buy where the blood is freely flowing in the streets....
BBT, FITB, FCNCA at higher percentages of basket for financials
WB, C for lower percentages of basket for financials
FHM, FRE for fun money of basket for financials
Consider selling/writing options ...perhaps calls that are two months out and two strikes above current...and naked puts that are at your comfort level to take delivery of more stock.
No investment advice offered...simply for fun, but sorta points to what I am doing in small steps.
Good luck,
Marshall
With the current dividends, the above list and options sold...I believe one can grow wealth. What do others think?
geez...th0ught I was going to give up blogging... < :-) >
I have lived in North Carolina all my life and enjoy being close to both the coast and mountains. Oh...I enjoy making stock market forecasts and therefore please note---- Nothing you may ever read here is intended to be investment advice. If you need such advice, please seek the services of a registered professional. I like funny jokes.
My family and I are currently working hands on to restore our 1942 83 foot boat.
Ed,
My two cents is to buy at current prices.
My opinion is to buy where the blood is freely flowing in the streets....
BBT, FITB, FCNCA at higher percentages of basket for financials
WB, C for lower percentages of basket for financials
FHM, FRE for fun money of basket for financials
Consider selling/writing options ...perhaps calls that are two months out and two strikes above current...and naked puts that are at your comfort level to take delivery of more stock.
No investment advice offered...simply for fun, but sorta points to what I am doing in small steps.
Good luck,
Marshall
With the current dividends, the above list and options sold...I believe one can grow wealth. What do others think?
geez...th0ught I was going to give up blogging... < :-) >