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Investing in the stock market email this discussion to a friend?

myLot reputation of 70/100. TheAgent (213)1 year ago

I have been putting all my extra money into a couple of stocks that I thought couldn't go much lower. Guess what, they went lower. Now my money is stuck in a stock that is worth half as much from when I bought it. I am lucky it pays a dividend, at least I can still make some money from the stock while my money sits in it. Does anyone else buy stocks? I just bought some more Bank of America, I don't see it going much lower, if at all. BAC is paying a dividend this month, so I have been buying more shares at the lower price so I can get a bigger dividend payment.
Do you think Bank of America can go any lower? I think with the amount of value it added from getting Countrywide, it would have been in the high 30s or 40s by now. I guess I will keep buying it, I hope it goes back up soon though.

 
 
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