Bank of America Corp (BAC): Here’s Why It’s Up

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This is why we at The Motley Fool emphasize a long-term view toward investing: Tune out the market noise and tune into the fundamentals of the companies you hold positions in. Excessive ticker checking can lead to excessive trading, which costs money and can hurt your portfolio’s performance in the long run. Check in on share prices once a month, or even once a quarter, and leave the obsessive ticker checking to the day traders. Your portfolio will thank you, even if your broker won’t.

The article Why Bank of America Boomed This Week originally appeared on Fool.com and is written by John Grgurich.

Fool contributor John Grgurich owns shares of Citigroup and JPMorgan Chase. Follow John’s dispatches from the not-so-muddy trenches of big-banking and high-finance on Twitter @TMFGrgurich.

The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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