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Strategies & Market Trends : Value Investing

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To: Carl Worth who wrote (24040)6/4/2006 3:15:58 PM
From: Spekulatius  Read Replies (2) of 78714
 
OSHC - i incidentally have sold my position, as I wanted to reduce my position in local bank stocks because of rising interest rates, falling spreads and increased credit risk due to lower RE appreciation rates . OSHC just happened to be in my IRA portfolio, that's why i sold. I don't think there is anything wrong with OSHC in particular but the times for thrifts are getting tougher, so i prefer larger bank stocks, with a more diversified incoe stream. RBS.L (Royal Bank of Scotland) is a large position I recently established, so my bank stock exposure as a whole is even larger now. I still own ISBC, which is in a taxable account.
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