I would think that any of the Major banks, which pay out a decent dividend of around 3 to 4 percent are a steal at present. Historically this is a rocky time in shares, but how many of these periods have we had even in the last five years. So at least you will get your dividend which is often as good if not better than deposit rates. The banks will make money whether the economy goes well or bad. They have your money on deposit at 1 per cent and are loaning it at 7 percent, How can they lose ? They have your assets if anything goes wrong.
How can they lose ?
The markets are discounting practically all shares right now.
How can they lose ? They have your assets if anything goes wrong.
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