Q: As far as I can determine banks are the safest investment one could have in the equity market. If there is a safer stock then I would appreciate knowing what it is. The banks survived the 2008 crash, now have stricter regulations and if by chance the banks go under then the rest of the market and the economy will be crushed. Banks pay a good dividend for years, currently paying approx 4% and if you look at the growth over the past 10 years, 20 years then most people would be happy. These are thoughts from an income investor with growth as a bonus. For the fixed income portion in a portfolio why not buy the top 4 or 5 banks or even an etf that holds only bank stocks.
Appreciate your thoughts.
W
Appreciate your thoughts.
W