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Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Settlement||Date: 1/1/2013 4:10 PM|
|Author: AdvocatusDiaboli||Number: 306602 of 308230|
Once the check arrives it will take 10 days for the bank to clear the check. My intention is to buy many shares as I can of Chase common stock
and reinvest the div.
The stock market in total is currently highly valued.
At some point during the next decade, valuations will go back to historic averages, possibly to below normal.
Between now and then, returns will be negative. Possibly deeply negative.
That will effect even seemingly good values such as Chase.
There is no reason to be invested right now.
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