smart: Citibank and many others are pretty much trading for much less than ever before. Is that a smart buy now for that little money? Or shouldn't I as you never know how much lower it can go? Maybe they even run out of business and then I get nothing back.Is it smart to put your money into banking stocks now?Educate yourself and learn to make money regardless of market direction. http://www.doorways2success.com/freedvd.鈥?/a> |||The smart move is to short sell banking stocks right now. I great example is Goldman Sachs Group (GS). By taking a short position with this stock, you will benefit when the stock drops dramatically. Because banking stocks are so volatile, it is often smarter to short the stock instead of purchasing shares directly on the market. The added benefit in using this approach with banking stock is that they tend to fluctuate up and down dramatically. If you short GS and it drops one day, you can buy it back the next day and watch the stock bounce back. This is a common occurrence with many banking stocks, not just GS. My suggestion is to balance to purchase of certain banking stocks with the shorting or others. Hope this helps. Is it smart to put your money into banking stocks now?Although today's banking landscape is as interesting as ever, one thing that may people in the media aren't reminding you is that the stock market is a zero-sum game: - A zero-sum game refers to the fact that on Wall Street there must be a buyer and seller on any transaction, so for every person that make $1, there has to be one or a combination of people that lost $1 in total. What does that mean for banking stocks? Considering that the people on Wall Street are very smart, although it doesn't seem that way right now, major banks know how to hedge their risk from losing all their money. So, although you are hearing in the news about how bad a bank like Lehman Brothers was doing, it was only one part of Lehman Brothers that was killing the company. There were other parts of the business that were sill making money and doing well.|||If you want to invest in something, invest in alcohol companys because of the loss in jobs and recession many people in the US are going to resort to acoholIs it smart to put your money into banking stocks now?Pick a large bank that will be ther in the end of this mess...like BBT,BAC,JPM...etc. Don't worry about the stock going up and down....this is a great opp. for a long term investor.