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This is just my feeling from watching the markets for a while, is not financial advice, isn't necessarily the best, etc., etc.. I still think we have further t
by cbanek 7y ago
This is just my feeling from watching the markets for a while, is not financial advice, isn't necessarily the best, etc., etc.. I still think we have further to fall, but when we do, I'm looking to put money to work. It's hard to time a bottom, so maybe buy in a few lots over a while as each drop happens.
Of course you should probably buy at least some index fund at some point. I also think the tech chip stocks are being pounded: Intel is in the DJIA, and has been brought down a lot I think rather unfairly because of the index. Taiwan Semiconductor is top of class and TSMC has also been pretty pounded. Texas Instruments, Qualcomm, Western Digital. All down, and all have really pretty reasonable dividends. Their moat is the IP as well as the manufacturing facilities. Tech isn't going to just stop, if anything it will end up in everything even more than now.
Be careful on the airlines. They'll get a bailout almost certainly, and maybe will merge down. Warren Buffet, who recently bought a lot of airlines was known for saying:
"Now if I get the urge to invest in airlines, I call an 800 number, and I say: 'Hello, my name is Warren, and I'm an air-o-holic,'" he has said in the past.
He got burned in US Air in 1989. He relapsed in 2016.
- alecco 7y agoIf you are so confident with how the market will move you should put your money where your mouth is and trade options accordingly. Hint: you shouldn't be so confident.