anyone buying bank stocks?

[dualstow]

Too soon?
EDIT: I added some Berkshire shares.

[Smith1776]

My value ETF (which has an incidental banking concentration) has tanked much more than my other equity ETFs, so I’ve rebalanced into it.

So yes!

[boglerdude]

Smarter than the market pricing are we

[dualstow]

I bought a tiny bit of credit suisse earlier.

[vnatale]

I bought a tiny bit of credit suisse earlier.

What percentage of your total investing portfolio have you put into each of these two recent bank investments?

When I was younger I had a lot of investments I wanted to make. But it seemed like I did not have enough investment money for them to produce anything substantial. Now that I am older it is the opposite. A lot of those investments in the light of my total investment money would be small -- therefore not much there to get excited about.

[dualstow]

The Credit Suisse is like 1/1000. I will either add more nibbles over time or get rid of it.
The Berkshire is something I already had shares in, and that’s like 3% of pp+vp.

[vnatale]

The Credit Suisse is like 1/1000. I will either add more nibbles over time or get rid of it.
The Berkshire is something I already had shares in, and that’s like 3% of pp+vp.

So if Credit Suisse doubled today the effect on your overall portfolio would be about a 0.1% increase?

[dualstow]

It’s small enough that I never think about that in terms of the overall. It’s just fun to sell things at a profit sometimes.

[vnatale]

It’s small enough that I never think about that in terms of the overall. It’s just fun to sell things at a profit sometimes.

Thanks. Better understand your motivation. I do the same in other ways.

[vnatale]

I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?

https://www.washingtonpost.com/business ... tion=alert

ECONOMY
Two Swiss banking giants combine to quell growing global bank crisis
UBS will take over beleaguered Credit Suisse, capping more than a week of speculation over the Swiss giant’s fate
By Abha Bhattarai and Rachel Siegel
Updated March 19, 2023 at 3:17 p.m. EDT|Published March 19, 2023 at 2:53 p.m. EDT

[dualstow]

I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?
….

I see a share is now worth less than a dollar.

[vnatale]

I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?
….

I see a share is now worth less than a dollar.

What was the share price at the time of your purchase?

Good thing hour purchase was less than 1/1,000th of your portfolio!

[dualstow]

More like $2
Yeah, glad i didn’t put 10K in!