Investing $10k Into Bank of America (BAC) 💰

The ideas and opinions presented in this video are meant for informational and entertainment purposes only, are not intended to serve as a recommendation to buy or sell any security in any account, and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision.

[rynewilliams]

Is BAC a good investment? Let me know what you think in the comments below! 👇

[juanluis]

Currently have C, JPM, and BAC. Currently adding to my portfolio all three. As the market drops I will continue to buy. Long term holds for me.

[zacharywissinger]

Bought 50k of BAC at an average price of 28.67. Their book value per common share is $31.58 (as of Q1 2023 earnings report).

[Kenster-man]

Hang tight --- BAC continues to go down. Could hit a nice fire sale of $20 - that's when might start really buying.

[johnbaltes]

Started a position in BAC as it went under $30, not the highest bank dividend payer but decent growth prospects. If it's good enough for the Oracle, I'll give it a shot.

[TortoiseInvesting]

it's down more today too, I honestly think anything under $28 is a good entry point but these Bank stocks are so volatile at the moment.

[vigilantezack]

It's hard to get excited for numbers that take a year to reach that I could get selling a couple things in my garage, and I don't have to wait a year or drop $10k!

Heck, in 10 years I could probably hustle flipping crap on craigslist for a lot more that than $10k.

But I also like investing anyway. You really need a ton of money to see the advantages.

[MAlva-dggn]

Been long w/ BAC & C. Will add more at theses 52 wk lows for sure. Looking for growth & DIV is a nice bonus!

[e-rod]

I know you can't only go on past performance but if you backtest BAC and SCHD, you will see that it is not as good as a investment and I will not be investing in it.

[outdoorguy]

I recently bought a whole lot of Bank of America stock because I know it's only a matter of time it will be above $34. And they just raised the dividend to 24 cents

[jcraig]

Picking the right bank stocks right now could be even more profitable in the long term considering the recent turmoil in the banking industry.
Even some really solid mega banks are trading at a pretty deep discount

[TeeJayAwrekaOA]

Definitely good bro, I own it, and it is a lead bank so I'll stay invested in it

[jayanddeesretirementjourne]

Great Investment at this price! I own a few shares. Dividend coming at the end of the month. One of Warren Buffet largest holdings.

[Godfather]

I might buy a couple shares a week with my additional 1-2 shares of JEPI so if it goes down more than the $28 mark no big deal but if it goes up that’s fine with me! Some people say it can go up to the mid 30s-40s so I’d like to get in on it before then! I wanted to get into JPM but their stock is crazy expensive but I have a few shares of VYM so that’s got me into part of JPM

[gengarphantom]

Buffet has it. I dont know what else to say.

[marcosmagallanes]

Currently hold jpm, thinking about switching for the cheaper stock price.

[KendricStern]

If they default the gorvernment pays them off again! Safe as milk.

[sebastianoteri]

I sold my BAC and C had both for over a year was down on them put the money in SCHD and VOO maybe in the future I’ll buy a Financial ETF

[isc]

Dividends aside, BAC sucks as a bank, and I couldn't in good conscience buy their stock.

[foadalabdi]

Haha hel no . 300 a year haha i make that in a day.