Think ahead Beat the Banks |
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Written by Ben
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Wednesday, 03 September 2008 |
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Banks are now allowed to invest up to 25% of their
paid-up capital in other listed or unlisted companies. Before, they are
only allowed up to 5% in selected blue chips. This means that there
will be very much more money in the market to buy shares. Blue
chips have become very blue (expensive). Will the banks start buying
blue chips now or will they push them down before they buy. Do they
have the muscles to do that? What
kind of stocks will they be looking into? Baby blue chips, dividend
counters, or mesdaq counters? If you can figure that out correctly, the
money is there for the picking. Put on your thinking cap. Beat the banks. If you have a good idea, please comment. Note: This article is an older post from Blisswise.Blogspot.com.
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