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 USA Stock Discussion v8, Brexit: What happens now?

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ivanpei
post Mar 14 2023, 09:17 AM

On my way
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Regional Banks absolutely laosai, ready bullets to buy it when it bottoms. Maybe 1 more week of bleeding? What are you guys looking to buy? I'm looking at Charles Schwab and maybe Truist Financial. Charles Schwab is really big and probably too big to fail IMO, also looks like really good growth and they are doing something right. Truist Financial looks like a traditional bank like MBB/CIMB/PBB with low growth but large dividends. But US withholding tax of 30% on Dividends is really high so I'm not super keen on dividend stocks from there. So I'm leaning more to Charles Schwab when this falling knife finally settles.

This post has been edited by ivanpei: Mar 14 2023, 09:21 AM
ivanpei
post Mar 16 2023, 02:52 PM

On my way
****
Senior Member
639 posts

Joined: Jul 2006
So tonight more blood for finance stocks? Also META/SNAP moon tonight because TikTok ban news again? Thinking tonight to take some META profit and move to banking.

This post has been edited by ivanpei: Mar 16 2023, 02:53 PM
ivanpei
post Apr 4 2023, 09:14 AM

On my way
****
Senior Member
639 posts

Joined: Jul 2006
If it looks cheap, just buy IMO. 30% percent below intrinsic value for bluechips can buy already. If it drops more, it's just an opportunity to buy more. Long term will be ok one. Waiting for it to drop even more is just being greedy.

 

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