Tag: banks

  • $32 billion flowed into bank stocks this year. A record.

    $32 billion flowed into bank stocks this year. A record.

    The reason my portfolio is a little heavy in financials is in this Wall Street Journal article. The stocks are relatively cheap and they pay a decent dividend. Almost every single stock I own in the financial sector is up by at least 5%. All of them have dividend yields over 2%. I don’t own […]

  • Large U.S. banks poised to loosen requirements to get credit cards

    Large U.S. banks poised to loosen requirements to get credit cards

    Banks are looking to share data about customers in order to issue them credit cards. While good for some people who need credit cards and are responsible this is likely to open the floodgates to easy credit for people who maybe should not have it. It reminds me of relaxed mortgage requirements from 2005 through […]