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Re: now invest post# 80484

Wednesday, 11/24/2010 10:17:06 AM

Wednesday, November 24, 2010 10:17:06 AM

Post# of 103302
OT..Invest

I understand about the banking stocks, no one knows the extent of the financial stuff yet, BUT, like Warren Buffet states :BUY when others are selling and SELL when others are buying. JPM is one of the strongest banks, and that is why I buy. One of my indicators if a company is strong in their BONDS. If you look at JPM bonds they are only paying about 3 - 4 % and trade at a premium (Over $100). Unlike other banks that pay 8 - 10% are trade at a discount (Under $100).

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