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Banking stocks?

Discussion in 'Shares' started by Simon, 27th Nov, 2005.

  1. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
    I am looking at adding a banking stock to my portfolio. I already hold BOQ and am happy to keep it.

    I was thinking of WBC, CBA or SGB, as I think they pay a decent yield and have some way to grow using the "Dogs of the Dow" concept.

    What banking stocks do people suggest and why?

    Thanks
     
  2. pthm

    pthm Well-Known Member

    Joined:
    25th Aug, 2005
    Posts:
    136
    In the Comsec website you can buy small parcels of 6 shares in each portfolio depending on whether you want growth, income, tax or leaders and I notice WBC has been included in all 4 portfolios. Now, I do not have WBC shares and I only make an observation here. However, am thinking of buying it for my smsf.