Any bank at the moment is a good buy and if I were looking...

Any bank at the moment is a good buy and if I were looking longer term I would be focussing most of my energy towards NAB or even more so ANZ - Currently higher yielding stocks with a better gap of returning to so called 'super-hero like'. This is what the larger financial institutions are doing, 'I am sure of it'!

I am a fairly substantial holder in most banks and one of my favourites has always been BEN.

CBA is evidently a good purchase because it will always, I feel, be Federally backed yet I have always been under the impression that within Australia no bank could ever topple. My theory for this is that it would not take much to prop them up - It ain't the US.

We are an economy that runs somewhat independantly to the rest of the world. This may sound silly due to the fact that if the Dow drops we drop - Yet in the past month if you graph every day how true really is this overall somewhat 'ideology'.

Anyway just my thoughts.

Have a nice evening and remember:

'In a market like present the only ones who make money are the ones that buy up big. There is too much risk to try and make petty cash'.