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Author: Stargazers524 CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3855  
Subject: Re: Royal Bank of Scotland...in US?! Date: 11/4/2008 2:07 PM
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I too was caught in the woes of RBS. I was just beginning to invest and thought there was no way that this bank that had been in business since the 1700's and had nice stable dividends would be crashing because of the subprime mess.

AND I continued to buy as the price dropped! After all, didn't "they" say that an investor should buy more as the price dips for a company you believe in?

Well, I now have 500 shares at average cost of 5.96 that is currently selling for 1.08. I may never come out ahead on this deal but I'm going to hang on and hope that in a couple of years the price will come back - along with maybe some dividend.
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