Comments on: Should you invest in bank shares or bank deposits? http://www.sharesight.com.au/2009/07/31/should-you-invest-in-bank-shares-or-bank-deposits/ Your online share portfolio manager Mon, 23 Aug 2010 22:11:44 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: SimonD http://www.sharesight.com.au/2009/07/31/should-you-invest-in-bank-shares-or-bank-deposits/comment-page-1/#comment-953 SimonD Mon, 23 Aug 2010 22:11:44 +0000 http://test-www.sharesight.com.au/?p=737#comment-953 People should be careful jumping into the Australasian banking industry at the moment for one reason. Of all the housing bubbles that have popped since late 2007 only two bubbles remain unpopped in the western world, NZ and Australian real estate. When these pop the share prices of the Australian banks will collapse in value as the bank industry realise that real estate is not a one way bet. IMHO the better strategy is to wait for the collapse, buy just after the govt. is forced to bail the banks out and enjoy much larger returns. People should be careful jumping into the Australasian banking industry at the moment for one reason. Of all the housing bubbles that have popped since late 2007 only two bubbles remain unpopped in the western world, NZ and Australian real estate. When these pop the share prices of the Australian banks will collapse in value as the bank industry realise that real estate is not a one way bet.

IMHO the better strategy is to wait for the collapse, buy just after the govt. is forced to bail the banks out and enjoy much larger returns.

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