I have a big dilemma. Yesterday I sold ANZ shares and made $4000 profit. I am now regretting my
action and am considering to buy ANZ again or NAB. Would I squander the profit by jumping
into banks again? Everybody is pushing to get banks because of their dividend yield and because
US feds decision not to raise interest rates any time soon. The reason for selling ANZ was to lock the profit (albeit small). Market is very edgy, finicky and one negative event, news can send a stock down the gurgle (SRX for example). I had a big paper profit with WOW shares and lost it all after their negative reporting: just
didn't want that to happen to my profit with ANZ. Think of me whatever you wish (stupid, not well informed,
greedy) but any opinion is much, much appreciated.
NAB Price at posting:
$39.39 Sentiment: None Disclosure: Not Held
ANZ Price at posting:
$36.79 Sentiment: None Disclosure: Held
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