How about C?

menggl

First time buyer, 10K to start. Thinking about "C", is it a good buy for long term?
Thanks in advance.

cougarzuo

if you are a gambler, go for it. Who knows when it's gonna to pick up. Citi is still in high risk. Mutual fund managers do not like it at all.

tfzh

I agree with cougarzuo. C currently is a BIG NO for me. It may give you an offering price for the new issue someday later, but I expect the price following the new issue to drop even below the offering price. Then you may consider loading some shares if you really like C.

( K1 s' ?. h. d- ^! zBTW, with your budget, why don't find some blue chip stock to invest, why risk your money and pick a trash?

menggl

I will not have time to monitor the market closely to be an active trader. I just wanted to turn some free cash into some long term assets. Would C still be there in 5 years? If yes, would the stock gain higher than inlfation and GIC?  Thanks for your adivse.

Mike_Wan

' K- G5 ^5 ~  U+ ?- O5 t
8 {; d/ z# S0 m6 I  O) t如果买了抱住的话，个人看好能源和原材料股。
' ~% l+ g* c6 e6 [( G: `2 b0 {
& [* C1 R" d5 q$ |- F不需要 5 年那么久，明年夏天就可以见分晓。