THINK! Merrill Lynch and Bank of America. Thain Knew He Was Goin

My Daily Blog is at: http://investorandtrader.blogspot.com/

In economic environments such as this? You have to keep your head about you.

For those of us who own Bank of America? Think about it. We get none of MER's toxic debt which got sold 6 weeks ago (Do you really think that's a coincidence? That Thain wasn't considering selling then?), and we get all the sweet parts of MER. Especially that high wealth asset management.

Shareholders - Investors ... are about one thing. Earnings. Not the stock price. That's like - number 3 on the list - for investors on dividend stocks. 1) Earnings, 2) Dividends / DRIP program, 3) Cost Basis

And need we even discuss how many more shares we're going to grab on the 26th through the DRIP program, for a better DCA to our cost basis - with the stock price depressed?

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc.

1. By: Airelon
2. Categories How To
3. Views 352
4. Added :17-Sep-08
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5. Related Link: Airelon's Investing And Trading Education