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What Happens if Your USA Bank Fails?

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Good video.

 

I'm thinking about buying 1000 shares of Citigroup this week. It's only about a buck a share now.

 

My reasoning if it becomes worthless I'm out a thousand bucks. But it's also possible it could be worth 2, 3, 5, or even 10 bucks a share in a few years.

Good video.

I'm thinking about buying 1000 shares of Citigroup this week.

Who would of thought that Citibank would be a penny stock? I have a 1,000 shares, although I wish I could have bought at these levels. You are rolling the dice, but I think you have a good chance of making a nice profit.

Bought 1000 shares of Citi at $1.32. Could have had them for about a buck yesterday but that was before the CEO came out with some good news.

 

As far as bank failures, there will be more, but the FDIC is backed by the full faith and credit of the US government.

Bought 1000 shares of Citi at $1.32. Could have had them for about a buck yesterday but that was before the CEO came out with some good news.

I thought I read the price went up today?

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