Was it good to invest in bank stock ?

[Time Travel]

I invested 7000 € in llodys ing and bnp pa.
The transaction is still processing and I can still cancel.
Is this a good or bad idea ?

 

[Casadonis]

no

 

[Time Travel]

no

no

 

[Deleted member 6305]

 

[Time Travel]

View attachment 374476

I'm hoping to make money to get rhinoplasty.

 

[Deleted member 6305]

I'm hoping to make money to get rhinoplasty.

isn't 7000€ enough?
with that amount you can get the best clinics in my country

 

[Casadonis]

no

Banks are uber exposed to loans and energy. No demand + no growth -> defaults on debt -> banks fucked

Currently banks are pushed by their governments to give out loans and these loans will not go to companies that need it for innovation, but instead to those that somehow try to stay alive during corona and after.

 

[RAITEIII]

Rich cel

 

[Time Travel]

Banks are uber exposed to loans and energy. No demand + no growth -> defaults on debt -> banks fucked

Currently banks are pushed by their governments to give out loans and these loans will not go to companies that need it for innovation, but instead to those that somehow try to stay alive during corona and after.

I doubt the stocks are gonna be low long term. I'm banking on them bouncing back

isn't 7000€ enough?
with that amount you can get the best clinics in my country

I could afford it now and even if I lost it all it's just easier to justify the operation if I make the money easily.