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

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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.
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BTW, 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

如果买了抱住的话，个人看好能源和原材料股。
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: @+ d$ n& @1 p$ m) O不需要 5 年那么久，明年夏天就可以见分晓。