In a previous article doitinvest.com was already pointing at the high risk associated with the investments in the banking and financial services sector shares. We came up with specific data and information showing that huge losses from the subprime/real estate portfolios write downs (US$ 7 billion only in 2007) and we showed that this sector has become very risky because of its lack of transparency (despite applying the Basel 2 rules, or maybe because of them!).
However, risky means higher profit (or loss!) opportunities for the investors, so some of you might be interested in going ahead and speculate the current situation. What should you do?Read More »Investing today in the US financial sector – is it worth?