Just one pede's opinion, but I think the market has gotten way ahead of itself right now. There are still significant risks out there such as the coming decoupling from China, which will probably impact global companies the most and will almost certainly affect the market.
I would wait for a pullback before buying anything, and then take EPic's advice and buy index ETFs to spread out your risk.
Rough market out there now, up 30%~50% on most names, some like Tupperware, Michael’s, and some retail names are up 100’s of %. Then there are beaters like US Steel, GE, Marathon that have barely moved...go 1/2-1/3 in...
Investing isn’t a transaction, it’s a process. Earnings may be terrible next quarter and there will be more bankruptcies. Despite potential for huge gain, I’d not touch cruise lines or airlines...
Look @ DIV, SDIV, SRET, AMLP, and USA. USA is a closed-end fund, so it operates differently than an ETF, but I own that and it’s USA. Buy them in a tax deferred (IRA, Roth IRA) account and use dividend investment. In 10 years, you’ll beat 80% of hedge funds and probably most mutual funds.
If the market burns, 10% or more, buy. Burns 25%, buy the shit out of it! :)
Buying right now is risky unless you have money you won't care about losing. Of course risk is how you make money in the first place. I would say the Airlines, laying off huge numbers right now, stock is plummeting & will continue for a while. But when the vaccine is being distributed, widespread economic recovery is right around the corner. Airlines WILL recover. No western country can exist without airlines.
If Trump loses, the market will crash like never seen before. If Trump wins, you'll see the market make modest gains at the very least. This is the riskiest time to buy ever.
Many have cut their dividends too, which caused a hard look at avg portfolio yield. LP’s are also taxed differently, but when they burned, some of the yields were siiiick! Intl yields were great too, but they’re also taxed differently. BP, Repsol, Tot... XOM is riding down, but offshore is expensive given the price of oil. I owned a shitload of USO when oil traded negative, which I think someone should write a book about...my pain and tears, not how oil traded negative! Lololol.
I’m very diversified. There are a few stocks I avoid like the plague: google, Facebook, Twitter, haliburton. I also dumped two China stocks I had. With that said, just do research. You want to buy low. So, I was recently thinking about airline stocks. Haven’t decided which ones. I want a fire sale on a stock that will stay in business. If Apple splits, then I would buy. Tesla is high right now. One of the things I do is to think about the products I like and support and see if they are publicly traded. Fox Business has info on trading. However, be careful when listening to pundants on television. You are better off asking a friend or family member what their portfolio is.
Oh, and you have to think: are you day trading or holding? I buy and hold. Anything I have sold, I probably had for a long time, sold on a profit and then dumped b/c I didn’t like the company. I own a few dogs. But anyway, day trading is very different for long term investing.
Yea I made a good amount of money off delta bought when it was 20, and sold at 35 before it dropped back down. I have some Apple already. I’ve seen reports saying it’s gonna go up to 600. And I thought it was supposed to split at the end of the month is what a friend told me. I’m definitely gonna buy some Tesla soon waiting for it to come down some it’s up today so I don’t wanna buy it on a high. But if you’re looking airlines. I’d say delta all the way it’s a legacy airline. I personally invested cause I live in georgia, and it was founded in Georgia. If the stock market is up now, just wait til things actually start opening up and the stocks like airlines, cruises, movie theaters will slowly get back to normal and make everyone a ton of money
Don’t you be pissing on HAL or oil services! High risk in the oil space, but HAL has business lines... NBR, NBL, MRO, APA, OXY...look in that area and pull a 10-year chart...might lose 50% from here, but the LT potentials are huuuuuuge %, and thats if they return to their “old” prices...
Tesla may be a good long term play, but the stock is currently far into bubble territory. It was just over 200 a year ago and it's just over 2,000 today. Projected earnings for 5 years from now MIGHT support a stock price at this level, if everything goes perfectly for them. Wait for it to drop. It will.
Gun and ammo makers
Just one pede's opinion, but I think the market has gotten way ahead of itself right now. There are still significant risks out there such as the coming decoupling from China, which will probably impact global companies the most and will almost certainly affect the market.
I would wait for a pullback before buying anything, and then take EPic's advice and buy index ETFs to spread out your risk.
Wait until the election is over.
Trump will win and the left will go crazy. Stocks will drop until law and order is reestablished.
This will be a good buying opportunity.
Many good American stocks to buy... Do your own research.
Listen to Jim Cramer/Mad Money. But ...
If you want to skip stock picking just buy an index fund/ETF.
Please do not listen to Jim Crapper. ;)
Rough market out there now, up 30%~50% on most names, some like Tupperware, Michael’s, and some retail names are up 100’s of %. Then there are beaters like US Steel, GE, Marathon that have barely moved...go 1/2-1/3 in... Investing isn’t a transaction, it’s a process. Earnings may be terrible next quarter and there will be more bankruptcies. Despite potential for huge gain, I’d not touch cruise lines or airlines...
Look @ DIV, SDIV, SRET, AMLP, and USA. USA is a closed-end fund, so it operates differently than an ETF, but I own that and it’s USA. Buy them in a tax deferred (IRA, Roth IRA) account and use dividend investment. In 10 years, you’ll beat 80% of hedge funds and probably most mutual funds.
If the market burns, 10% or more, buy. Burns 25%, buy the shit out of it! :)
Buying right now is risky unless you have money you won't care about losing. Of course risk is how you make money in the first place. I would say the Airlines, laying off huge numbers right now, stock is plummeting & will continue for a while. But when the vaccine is being distributed, widespread economic recovery is right around the corner. Airlines WILL recover. No western country can exist without airlines.
If Trump loses, the market will crash like never seen before. If Trump wins, you'll see the market make modest gains at the very least. This is the riskiest time to buy ever.
Cheers brother...Find yield-whore ETF’s and it’s a money tree!
Many have cut their dividends too, which caused a hard look at avg portfolio yield. LP’s are also taxed differently, but when they burned, some of the yields were siiiick! Intl yields were great too, but they’re also taxed differently. BP, Repsol, Tot... XOM is riding down, but offshore is expensive given the price of oil. I owned a shitload of USO when oil traded negative, which I think someone should write a book about...my pain and tears, not how oil traded negative! Lololol.
I’m very diversified. There are a few stocks I avoid like the plague: google, Facebook, Twitter, haliburton. I also dumped two China stocks I had. With that said, just do research. You want to buy low. So, I was recently thinking about airline stocks. Haven’t decided which ones. I want a fire sale on a stock that will stay in business. If Apple splits, then I would buy. Tesla is high right now. One of the things I do is to think about the products I like and support and see if they are publicly traded. Fox Business has info on trading. However, be careful when listening to pundants on television. You are better off asking a friend or family member what their portfolio is. Oh, and you have to think: are you day trading or holding? I buy and hold. Anything I have sold, I probably had for a long time, sold on a profit and then dumped b/c I didn’t like the company. I own a few dogs. But anyway, day trading is very different for long term investing.
Yea I made a good amount of money off delta bought when it was 20, and sold at 35 before it dropped back down. I have some Apple already. I’ve seen reports saying it’s gonna go up to 600. And I thought it was supposed to split at the end of the month is what a friend told me. I’m definitely gonna buy some Tesla soon waiting for it to come down some it’s up today so I don’t wanna buy it on a high. But if you’re looking airlines. I’d say delta all the way it’s a legacy airline. I personally invested cause I live in georgia, and it was founded in Georgia. If the stock market is up now, just wait til things actually start opening up and the stocks like airlines, cruises, movie theaters will slowly get back to normal and make everyone a ton of money
Good tip on Delta.
Don’t you be pissing on HAL or oil services! High risk in the oil space, but HAL has business lines... NBR, NBL, MRO, APA, OXY...look in that area and pull a 10-year chart...might lose 50% from here, but the LT potentials are huuuuuuge %, and thats if they return to their “old” prices...
Oh, I like oil. I have some oil stock. Thanks for the tip on HAL. I’ll look into it, pede.
@ this level, maybe not. “Off-the-bottom” can be deceptive; I like oil also. In any generation, there are few times to buy cheap.
Tesla.
Tesla may be a good long term play, but the stock is currently far into bubble territory. It was just over 200 a year ago and it's just over 2,000 today. Projected earnings for 5 years from now MIGHT support a stock price at this level, if everything goes perfectly for them. Wait for it to drop. It will.