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Bank of Montreal T.BMO

Alternate Symbol(s):  BMO | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGU | CARD | CARU | N.ZUEA | N.ZEBA | N.ZOCT | N.BGDV | FNGD

Bank of Montreal (the Bank) is a North American bank. The Bank provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services. The Bank serves about 13 million customers across North America, and in select markets globally, through three integrated operating groups: Personal and Commercial Banking (P&C), BMO Wealth Management and BMO Capital Markets. The P&C operating group represents the sum of its two retail and commercial operating segments, Canadian Personal and Commercial Banking (Canadian P&C) and U.S. Personal and Commercial Banking (U.S. P&C). BMO Wealth Management serves a full range of clients, from individuals and families to business owners and institutions, offering a wide spectrum of wealth, asset management and insurance products and services. BMO Capital Markets offers a comprehensive range of products and services to corporate, institutional and government clients.


TSX:BMO - Post by User

Bullboard Posts
Comment by MrGRPon Jul 11, 2012 7:46pm
250 Views
Post# 20104791

RE: RE: anyone buying this?

RE: RE: anyone buying this?

your exactly right .... at least with Canadian Banks you have a safe investment, make about 6 % on your investment which is not bad and then if the price goes up from when you buy you get a great bonus ! even though they did not raise their dividend you can see they didn't have too. They were the best Canadian bank per share value in the past and remain one of the best today !

The way BMO  trades makes it ideal for this even though it can be a frustrating stock to hold. It can make hugh day swings and when it swings 1 - 2 $ per day one can make some serious money when you own hundreds or even thousands of shares !

You speak of the $30 80's well that made me big money ... I bought at $28 and sold at $56. Now the trick to not losing money is not having  to sell .... if you can afford to hold your stock and not sell if it goes down, they you will not loose because Canadian banks will come back.

Best of fortune to all !

Bullboard Posts