WBC 0.98% $27.90 westpac banking corporation

The only bank share i have owned in past 5 years is WBC. Haven't...

  1. DSD
    15,757 Posts.
    The only bank share i have owned in past 5 years is WBC. Haven't held a bank share for ages and have no intention of owning any for at least a coule of years. I feel average aussie is too far in debt, houses are over-priced, small-med businesses are finding it tough, unemployment will rise over next 12 months, and banks will be first to falter should another world GFC eventuate. Hence, can see no reason to buy banks for the forseeable future. Are some HC readers buying banks??
 
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