Ann: APRA to apply additional capital overlay, page-8

Hi, boomer.

I share your interest in the banks, for various reasons.

I would like to share with you, and others if interested, my little experiment.

I believe/d that bank stocks are a tad overpriced at the moment.

With respect to ANZ, I have just sold $400k of them with the expectation of getting them back some time between now and exdiv., making a few bucks.

However, I might have been a bit premature.

I will have to wait and see.

If an investor is overweight in the big four and others like ARG and AFI they should do OK.

Good luck with your investments.

Just my thoughts. J L.