Investment Opportunities
- Thread starter Bumbo
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Bumbo
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Nice recommendation... it did extremely well today.
That plus the food companies are doing very well in this market. KR (Kroger) +6% and GIS (General Mills) +11.8%
Been wanting to buy VTSAX ($3000 initial buy in) fund but only put 200-300 to my IRA a month. considering using this time to drop the $3k and get into the fund while its low then I will just stop contributing to the IRA for the year, But also trying to pile some cash being in the oil market
-JD-
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Definitely been following closely. Big opportunity here if you can time it right.
Watching BA closely as their value has absolutely plummeted.
A bio-tech company working on a vaccine as well, INO.
Gold always seems to do well during a crash so following that too with JNUG GDXJ JDST.
Lots of potential with the bigger guys too if you're looking more long term. AAPL, AMZN, heck even TSLA.
Watching BA closely as their value has absolutely plummeted.
A bio-tech company working on a vaccine as well, INO.
Gold always seems to do well during a crash so following that too with JNUG GDXJ JDST.
Lots of potential with the bigger guys too if you're looking more long term. AAPL, AMZN, heck even TSLA.
Bumbo
New member
Aside from buying indexes, I am looking for value. DIS, BA, HD, KO, JNJ, MSFT... too many to list.
Trying to stay away from companies that are working on too much borrowed capital. Look for quality companies like Microsoft.
Even if you don't time it perfectly it's ok as long as you are investing for the long term.
If you plan on putting money in, don't expect to use it any time soon. Most of my buys are all part of a 10-20 year plan. I have a feeling its going to be a long road to recovery... perhaps years.
If you want me to be 100% honest, I've been laddering/averaging in, but feel like I started the process too soon. Even when something was 20% down, it didn't take much for it to move down another 20% ... this was of course in fear of missing the bottom but it is what it is.
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Bumbo
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Looking back at this post... sounds like this isn't your first market crash.
Some experienced comments here.
Oldmanb777
New member
Not my first time seeing this. Just never seen it like this. I didn't do as well this time as I have done before. I just didn't do what I thought I should do. Instead I took a snowmobile trip with some friends. So I got caught. I did have a lot of liquidity for another reason. So it coud have been worse for me, could have been better if I had paid attention better. Oh well. Every blind squirrel finds a nut once in a while. So now going forward. When the buying opportunity happen, and will it be gradual, or rapid. If you know that, please share your knowledge.
Carten
Member
I guess that investing into European property is one of the most profitable things now. It is not as risky as, say investing into cryptocurrency. My fellow real estate agent says that in any respect Spanish property has the biggest potential to recover after the 2020 crisis. Btw this very RE agent was absolutely right about his financial forecast in 2008. In his opinion apartments in Costa Blanca are of special financial attraction. Have a look at the present offers El Campello property for sale (Costa Blanca, Alicante, Spain) - buy real estate | virtoproperty.com. In a couple of years they are likely to cost 10-15% more.
Oldmanb777
New member
I'm back above where I was before it tanked. In fact enough to cover our living expenses for the first 6 months of the year. So I'm feeling pretty good. that's scary. I'm moving toward a bigger cash position. I expect when earnings start to come out, the market will go down again. Then the uncertainty of elections will continue the slide, then the big inflation will start to hit. Inflation caused by the gubermint printing all kinds of stimulus money. So yes I'm long term pessimistic.
One bright spot may be vegan food companies. there is growth there, and I think it will continue. I'm not a proponent or anything like that. But I see lots of people going that way with their diet.
One bright spot may be vegan food companies. there is growth there, and I think it will continue. I'm not a proponent or anything like that. But I see lots of people going that way with their diet.
I've been vegan for a few years now and know a lot of people deep into the community. It's nothing new as of this year but 'plant based' and vegan is a gigantic cash cow right now. A lot of giant corporations are diving into it with false representations of who they are. There's also a lot of companies who claim to be 100% plant based but test on animals/etc.
You might want to start reading /r/vegan and see some of the gossip that is going around. I won't be anyone here to tell anyone else how to live though, not my thing. I just sold my house and am wondering if I was better off investing the money all of these years and with recent freedom want to build up my 4runner and go out exploring more :snacker:
Oldmanb777
New member
I'm not vegan, don't care either way. The meat you might normally buy is horrible at best. I have been really surprised at what the "new" vegan offerings seem to contain. I have not really put much time into research on it.
Sister and her husband are vegan, and try to only eat "organic" and such. They follow some "Dr. Guru" sort of diet. But I find this might make for some good investment opportunities.
As for" selling up and leaving". Its a good time to sell. I also find real estate seems to be more inflation proof than most other investments. It's also highly demographic driven, so fairly predictable over a long term. It can be very hard to get back in if your timing is wrong.
Sister and her husband are vegan, and try to only eat "organic" and such. They follow some "Dr. Guru" sort of diet. But I find this might make for some good investment opportunities.
As for" selling up and leaving". Its a good time to sell. I also find real estate seems to be more inflation proof than most other investments. It's also highly demographic driven, so fairly predictable over a long term. It can be very hard to get back in if your timing is wrong.
daytripstoeurope
New member
Long GNUS, SOLO
Bumbo
New member
Crypto should be used as a hedge, similar to gold... I would buy some, but it would be a very small portion of my portfolio.
Most people want to collect assets, that have a strong change of growing overtime and generating income.
Bumbo
New member
That sounds reasonable, doesn't that?the problem is to pick such assets with a great potential.
I agree with you, but I really don't think it's that difficult. Just buying the index and a few KEY ETFs alone would be sufficient for most. The problem is people don't always want historically safe or boring growth. Some don't want to use time as a tool and invest for the long term. Watching grass grow isn't always fun, but at least it grows.
The problem comes when people want to try and beat the market. Big gains, fast money, trading and trying to time the market... often times comes with much higher risk.
Personally I am just a big fan of building a good foundation first then throw a little money into individual companies that you think had good growth potential. I have no interest in going YOLO all-in on AMC and GME.
Adesanja
Banned
Great words about watching grass growing :bravo: one disadvantage about investing in stock market in my opinion is that you have a middleman, your broker. It would be awesome if I had the possibility to do all the purchases and sales of the stocks myself.
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Bumbo
New member
You do... These days there are plenty of platforms to do self-directed trading without a broker.
I can trade as little or as much as I want myself without paying any commissions or fees.
QuintupleTurbo
New member
BTW, one of the best platforms to do this as a "beginner" investor is likely M1. They don't have any fees like Acorns, and allow you to create your own Portfolio types with various goals, provide exact allocation as far as what % of your money goes where, and then within each portfolio, you're able to add specific stocks that you like or don't like.
I know that dudes on reddit (not wallstreetbets lol) have listed a few of their portfolios that have specific needs, as well as Google. I ended up googling around for nice "fire and forget" portfolios that I don't have to pay much attention to. I use crypto for higher risk investing.
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