With the common shares tempting value investors yet others fearing a second banking crash, these high-yielding 5-year bonds look a good compromise.
lloyds
For the third time in five years, I own Lloyds shares. What’s the case for the company this time around?
It’s extremely easy to fool yourself when it comes to share trading. My Lloyds trade could hardly have looked better at first blush, yet it’s barely broken even.
Buying Lloyds shares is basically a bet that sweating its assets will out the earnings, eventually.
Today Lloyds Banking Group ceded control to the UK government in return for UK taxpayers insuring £260 billion of toxic loans it acquired via its government-brokered merger with HBOS. The UK government’s stake has jumped from 45% to 65% under the terms. Lloyds has also agreed with its new owners that it will lend an [...]