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Take it to the Bank

You know which investments I like right now? Banks.

The charts can be pretty confusing and don't really tell the full story. (Try putting trendlines on a Citigroup or Wachovia chart over any period in the last two years.)

What you have to do is take a look at the dividend and see if you can stop yourself from buying a few shares.

Citigroup (NYSE: C) is yielding almost 4% and Wachovia (NYSE: WB) is throwing off 4.3%. That's about as much as you can get for a U.S. Treasury and you've got the chance of capital appreciation and some resistance to a summer slow down on top of it all.

Do yourself a favor buy some bank shares and go to the beach!