Is now a good time to get paid in stock?
OK, so the way things are going you might not have much choice in the matter. But let's assume, hypothetically, that you do have a choice: is now a good time to get 75% or more of your bonus in stock?
Bank stocks are off anything from 40% (Goldman) to 72% (UBS) and 77% (Morgan Stanley) and are likely to fall further following the untimely demise of TARP.
If you're feeling optimistic, therefore, now might be a good time to get paid in paper. If you're not, now might be a good time to get paid in gold. Unfortunately, the latter is not an option.
Ingots or uptick? You tell us below.