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Where Do We Go From Here?

On March 13, I suggested that the entire banking system was set up to print money. At the time, I posited that it would be crazy not to buy these stocks as the government, in concert with the Federal Reserve, had teamed up to support the entire banking sector in a way never before imagined.

You can debate the merits of so doing, but do it at the risk of missing out on a huge opportunity. There is no place for politics when it comes time to invest your hard-earned money. If the government's actions set the table for big profits, only a fool would not eat at the table.

Now, several months later, the banking sector is humming along in great shape. Well, "great shape" may be an overstatement, but the environment for banks to prosper is the same as it was in March.

Three of the five banks that I recommended back in March have gained 72% or more with one, Bank of America (BAC), more than doubling in value. Not only did we eat at the table, but we have gotten quite fat doing so.

The easy money has been made of course, so where do we go from here?

NEXT: Owning Banks Is Still a No-Brainer