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XLF, Banking and Financial Sector Stocks: Not a long term investment


  1. Thruhiker

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Top 1.   Dec 14, 1999 8:47 AM

» Thruhiker - Not a long term investment

BTO is not a long term investment for me.

As Kirk pointed out, there are good funds with lower expense ratios.

I believe the current discount is excessive and will narrow next year when the sector comes back into favor.

Its 8 bucks a share. I'll revisit this discussion a year from now if we're all still here (or when I sell if prior to then) and compare it to the performance of the total market index.

-- posted by Thruhiker


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