Originally Posted by trickedoutkid7
With my 2 month investing experience...I invested most of my gains into Citigroup. They are around $4.60 a share now but before the economy fell they were at around $55. I expect the economy to get back to where they were before Bush left so I plan on it being a long-term investment. Even just a 20 share buy ($100-ish) could make you invest become 10 fold. 100 can easily become 600-1000 within a couple of years from the knowledge I've gained. Btw, experienced or not...%98 of the time you need money to make money
They will not be worth $55 again time soon, and I mean decades. That valuation was built on a bunch of assets that were worthless.
Wells Fargo is a good bank, in this interest rate environment any gain you get by switching will be marginal. FiresofSirius' advice is good.