North Carolina Mortgage Lender

Christine Said:

IS Time to Sell BOA ?

We Answered:

Unlike most people's advice, I'm going to say to "never catch a falling knife" (you learn this after you are burned a couple times).

I'd have to say that you should look at the future and try to put your money where it has the best potential to gain value.

Forget about BofA and think of where your money should be. If you believe that BofA has the best potential going forward, stay with the stock. If another investment is a better place, move your funds there.

Managing your money is like driving. Always look at where you are going and not where you are at.

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