Saturday, January 05, 2019 9:31:30 AM
Hi Toof, Re: Getting paid by the teller's boss.......
".....why deposit money in a bank at less than 1% when you you can buy
the bank and get greater than 5%."
I like that thinking, too. It's part of why I've AIMed brokerage stocks
over the years. I make far more than I pay in commissions. I'm also AIMing
WBA for similar reasons. My goal is to make enough off Walgreen's stock to
pay for prescriptions.
I saw this "Time To Buy" article this AM:
https://www.cnbc.com/2019/01/04/its-time-to-buy-bank-of-america-market-gauge-flashes-first-buy-signal-since-brexit.html
It states their average 3 month gain from their signal is +6.1%. My own
Risk Indicator has a +10.8% average gain in the NASDAQ at three months and
mine is now in the 2nd week of being bullish. Only 11 weeks until we find
out if this proves true again.
".....why deposit money in a bank at less than 1% when you you can buy
the bank and get greater than 5%."
I like that thinking, too. It's part of why I've AIMed brokerage stocks
over the years. I make far more than I pay in commissions. I'm also AIMing
WBA for similar reasons. My goal is to make enough off Walgreen's stock to
pay for prescriptions.
I saw this "Time To Buy" article this AM:
https://www.cnbc.com/2019/01/04/its-time-to-buy-bank-of-america-market-gauge-flashes-first-buy-signal-since-brexit.html
It states their average 3 month gain from their signal is +6.1%. My own
Risk Indicator has a +10.8% average gain in the NASDAQ at three months and
mine is now in the 2nd week of being bullish. Only 11 weeks until we find
out if this proves true again.
Buy from the Scared; Sell to the Greedy.....
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