Wednesday, May 11, 2011

Big Banks?!

For those of you keeping up with my blog you've probably noticed I have a huge % of my portfolio in cash, so today I decided put some of it to work by buying Bank of America (BAC).  Specifically, I just bought 1,400 shares at $12.38 (for a total outlay of $17,337, or about 10% of my portfolio). 

Rather than do a lengthy write-up I'm just going to reference 2 previous posts, which should go a long way toward explaining why I think the stock's attractive: and

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