is this a good time to buy aig

rvilmur answered one year ago …

Since the Federal Government controls AIG, I would avoid it. The parts of AIG that are worth something will be used by the Federal Government to pay for all the bad financial paper insurance that AIG wrote. I don't expect that there will be much if anything left for the common stock shareholders who are always last in line for payouts.

Consider instead the battered down financial related stocks like AHR and NCT who still pay huge dividend percentages (18 - 21%) due to their now very low prices. If you want to gamble, on financial stocks these have a higher probability of success.