I think Meryll Lynch is a logical investment. Buy in when low.
This is what I do as with many people, buy in stocks when low.
Because when the economy is not doing well, all the prices are at a
discount. This is what I do with my stocks, instead of selling off,
I buy in a couple more lots to capitalise on the laws of averaing.
This is like buying properties, buy in a bad time in low prices,
sell off when the economy rebounds. So, logically, the best time to
invest those extra money is now. I do agree from an investment
point of view, buying into such a big bank with good potential to
rebound when the economy rebounds is a good business decision.
Investing in such economy has one rule, it is the holding power you
have.
However, as with such big investments, anything can happen, the
bank may go bust or it may rebound. Only time will tell.