Citigroup Inc (C), Bank of America Corp (BAC): The Market Roundup

And that’s the kind of thing you always have to consider when you’re an investor. There’s rarely a clear-cut reason for a stock’s performance. And even if there is, it’s important to focus on the long term rather than the short term. The markets can spike and plummet on a day-to-day, week-to-week, or even month-to-month basis, which is why you should only be checking in on your stock at most once a month, or even once a quarter. So long as the companies you’re invested in have solid fundamentals, have faith that your money is in the right place. Long-term thinking is what investing Foolishly is all about.

The article Why Citigroup Is Up Smartly Today originally appeared on Fool.com is written by John Grgurich.

Fool contributor John Grgurich owns shares of Citigroup and JPMorgan Chase. Follow John’s dispatches from the bleeding heart of capitalism 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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