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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: CrabbyTurtle who wrote (493)11/27/2021 5:39:57 PM
From: chowder  Respond to of 21937
 
>> Anything in particular change your mind about this particular purchase? <<

The condition of the market basically. I see inflationary times ahead and during inflationary times financials seem to do well.

I don't plan on adding any other USA banks but I have said that if I wanted exposure there that I thought regional banks would be the way to go. I'm not there yet but was willing to accept one bank and I thought MS was the better choice.

I'm not sure it's a long time buy and hold though but I will ride it as long as market conditions are favorable towards banks.