Are bank stocks worth buying during this crisis?

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During the Great Financial Crisis in 2009, you can buy a Citigroup share for about $1.

14 years later, you would have made over 400% returns!

It was a time where banks were in a precarious situation, with big banks such as Lehman Brothers and Bear Sterns failing. No one knew who could be next, and banks stocks were sold down massively.

History doesn't repeat but it sure rhymes. Here we are again with another banking crisis.

Some investors might be thinking of buying bank stocks on the cheap, betting on the view that the entire financial system wouldn't collapse.

I agree that investing in bank stocks during a crisis can potentially yield significant returns, but it's essential to recognize that this is not an easy or risk-free endeavor.

There are risks to consider.

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I am waiting for DBS to have 6.40 price in 2009.

chuanyaotan
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Bank stocks will free fall v soon. Buy at risk cos u gonna hold for long long time b4 it will climb up back

ptpcufg
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Lol leaving a like for the overuse of the word gyrate hahahhahahaha

Aivern
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Kiv DBS in case Indian economy collapse 🤣😂

megstlimeelim