I'm not currently interested in purchasing BAC common stock, but found this option much more compelling.
Strategies
3459 posts
Yes, it's OK for a socially responsible investor to shift into asset classes such as Forex and metals if that preserves value during crisis periods.
Sure, there may be tough times ahead for the economy, but that doesn't necessarily mean you should stay out of the stock market.
Anyone who has followed the markets or invested in them since the Japanese earthquake earlier this year must feel a bit wrung out.
Trading is a little bit like surfing - you scout the ocean for waves, then get on the board when the wave arrives. Here comes the Greek wave!
We can’t help but think that the current negative mood greatly exaggerates the deterioration in economic and business fundamentals, but pessimism can become a self-fulfilling prophecy.
Our strategy is to position such that if a rebound does occur, we’ll see a stronger positive response from our individual holdings than from its benchmarks.