Saturday, February 12, 2011

MORE GOOD NEWS FOR MY STOCKS

Credit Suisse Group (CS:NYSE) announced plans this week to gradually increase their dividend along with their cash reserves.  They are building cash reserves to meet the stricter standards in the banking industry.  Shareholders recently sent the stock price plummeting when the company cut dividends to build cash.  Since CS is one of my core holdings in my taxable portfolio, I'm thinking now might be a good time to increase my holdings in this stock.  Buy while it while it's on sale. 

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