Seeing how Netflix is killing it, I'm thinking due to the current state of the economy I want to buy into travel company stock. I see AirBnB is tradable. Any others to look out for?
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Seeing how Netflix is killing it, I'm thinking due to the current state of the economy I want to buy into travel company stock. I see AirBnB is tradable. Any others to look out for?
[QUOTE=hateraid;13953396]Seeing how Netflix is killing it, I'm thinking due to the current state of the economy I want to buy into travel company stock. I see AirBnB is tradable. Any others to look out for?[/QUOTE]
What's your time horizon? What is your risk appetite? Are you able to lose this money or is it your life savings?
Almost all of them...but I would look at airlines, and then companies that :
A. you don't think would be effected by the virus much or maybe even benefit from the virus
B. are down a great deal in value regardless of A
Neflix's stock has actually made near a recovery, so I am staying away from that even though they will probably report huge numbers and go even much higher.
here are some I've been looking at:
Twitter TWTR...(I think the virus is probably causing MORE traffic on Twitter, yet their stock is way down regardless)
Facebook FB...(same story as Twitter)
Google GOOGL...(very good time to get some cheap Google stock)
Amazon AMZN...(they aren't down much but they had to hire 100,000 more workers due to the virus, their sales are through the roof, last chance to get in for cheap)
UAL, AAL...(airlines don't meet "A", the thing with these is that you may need need to wait a while before they recover because they will definitely release poor numbers early on. But the major airlines will for fact absolutely recover. Don't mess with smaller airlines)
Walmart WMT...(this stock isn't as down as much as others but I'm sure they are going to report massive sales)
Carvana CVNA...(buying cars online...this is the wave of the future for auto sales, get in on this while it's discounted)
Disney maybe???...(Disney's streaming is probably going ape shit, problem is they have theme parks that are fcked that might offset it, I'm not sure here)
those are just some I've been messing with or considering...
Another...Beyond Meat BYND
they make fake plant based ground beef and are on the verge of a massive deal with McDonalds to release a veggie burger (The PLT)
their stock had already priced in that deal until this virus...now it's cheap and when McDonalds makes the announcement watch out
If you're having to ask this question, the most generic advice is to look at low cost ETFs and index funds that buy the whole market.
That's what I do. S&P 500 index fund. Global Equities index fund. Property Fund. etc.
get an index fund. they'll do the work for you
[QUOTE=step_back;13953420]What's your time horizon? What is your risk appetite? Are you able to lose this money or is it your life savings?[/QUOTE]
One and done short term.
birth control and diapers
I'm thinking of buying the following:
1 SPDR ETF
2 Whirlpool stocks
2 Southwest airlines stocks
1 American airlines stock
Any suggestions or reasons to avoid any of them?
I made 23% on Ford today but didn't invest much. Just threw some money at it after seeing it dip to like $4.
PLUG, Dogecoin, and CHI
[QUOTE=~primetime~;13953429]Another...Beyond Meat BYND
they make fake plant based ground beef and are on the verge of a massive deal with McDonalds to release a veggie burger (The PLT)
their stock had already priced in that deal until this virus...now it's cheap and when McDonalds makes the announcement watch out[/QUOTE]
this is anecdotal, but when i went to the grocery store the other day, there were tons of empty shelves and like 85% of the meat area had been sold out... while the fake meat section was still fully stocked.
Penn
Walmart stock is f*cking me over. I bought it at $120 thinking it was a safe bet during a pandemic. It keeps falling, down to 110 now. Glad I only have 2 stocks of it but now I am stuck with it until it rises in the future.. Can't put that money towards a better stock like some airlines stock that is superlow currently and I don't have any more money to throw at it..
I wish I had bought 2 more Boeing rather than this Walmart trash
[QUOTE=bladefd;13953965]Walmart stock is f*cking me over. I bought it at $120 thinking it was a safe bet during a pandemic. It keeps falling, down to 110 now. Glad I only have 2 stocks of it but now I am stuck with it until it rises in the future.. Can't put that money towards a better stock like some airlines stock that is superlow currently and I don't have any more money to throw at it..
I wish I had bought 2 more Boeing rather than this Walmart trash[/QUOTE]
you have to have patience in this game...
generally speaking I am going into most of these thinking they will likely drop more and then recover over 1-2 years
But hopefully massive recoveries...American Airlines is $15 right now...if it gets back to $30 that is a 100% gain...it just might take a year or two to get that gain.
[QUOTE=bladefd;13953965]Walmart stock is f*cking me over. I bought it at $120 thinking it was a safe bet during a pandemic. It keeps falling, down to 110 now. Glad I only have 2 stocks of it but now I am stuck with it until it rises in the future.. Can't put that money towards a better stock like some airlines stock that is superlow currently and I don't have any more money to throw at it..
I wish I had bought 2 more Boeing rather than this Walmart trash[/QUOTE]
If you want quick easy gratification this isn't the kind of market for you. You can buy Walmart during any kind of market. The opportunities available now aren't always available. But the current market is a roller coaster. Catching a falling knife can wipe out 50% of your investment and when the pain is too much and you bail you are likely to see that stock reverse and become a ten bagger.
[QUOTE=bladefd;13953965]Walmart stock is f*cking me over. I bought it at $120 thinking it was a safe bet during a pandemic. It keeps falling, down to 110 now. Glad I only have 2 stocks of it but now I am stuck with it until it rises in the future.. Can't put that money towards a better stock like some airlines stock that is superlow currently and I don't have any more money to throw at it..
I wish I had bought 2 more Boeing rather than this Walmart trash[/QUOTE]
Stop investing in stocks if this is your reaction.
Go with Index funds and ETFs.
Carvana
Dave and Buster's
Spirit Airlines
Apple
Grand Canyon U
Five I went with recently
When this all ends, Carvana will dip quick. They have already been operating in the red
[QUOTE=bladefd;13953965]Walmart stock is f*cking me over. I bought it at $120 thinking it was a safe bet during a pandemic. It keeps falling, down to 110 now. Glad I only have 2 stocks of it but now I am stuck with it until it rises in the future.. Can't put that money towards a better stock like some airlines stock that is superlow currently and I don't have any more money to throw at it..
I wish I had bought 2 more Boeing rather than this Walmart trash[/QUOTE]
You can't see the forest for the trees. Two shares was never going to lead you to financial independence but the real value for you is to create a habit of saving.
[QUOTE=nightlight;13954043]You can't see the forest for the trees. Two shares was never going to lead you to financial independence but the real value for you is to create a habit of saving.[/QUOTE]
I know two stocks is nothing. It will regain itself in a year, but I just feel like I would have been better putting that money into Boeing or another stock that is likely to be a safer bet. I should have realized that Walmart was trading at near its all time peak so it was risky from the get-go. It is better to buy an essential stock when it is low than to buy a stock that is already the highest it has been. It's okay, I learned from my mistake. I am still new at investing. I am still in the positive across my portfolio and going to hold onto Walmart stock for a year or so..
Btw - where do dividends money go? Do I get a check in mail for the tiny sums or does the money go directly under the TD Ameritrade cash balance? I would prefer the latter. For some, I will activate DRIP to reinvest it right in.
[QUOTE=bladefd;13954047]Btw - where do dividends money go? Do I get a check in mail for the tiny sums or does the money go directly under the TD Ameritrade cash balance? I would prefer the latter. For some, I will activate DRIP to reinvest it right in.[/QUOTE]
When I place a trade with Schwab, I'm given the option to automatically reinvest dividends. I assume it just sits in cash if I don't select it.
Imagine not shorting stocks 3 weeks ago
Imagine buying into stocks now only for it to drop another 25% in the next few months
[QUOTE=AlternativeAcc.;13954120]Imagine not shorting stocks 3 weeks ago
Imagine buying into stocks now only for it to drop another 25% in the next few months[/QUOTE]
Doesn’t matter, as long as it rises back is fine
Average return
[QUOTE=CelticBaller;13954127]Doesn’t matter, as long as it rises back is fine
Average return[/QUOTE]
Lots of newbs are gonna buy and panic sell once we gap down again
But I agree if you're in for the long term, at least 5+ years then buying now isn't such a bad idea
[QUOTE=AlternativeAcc.;13954132]Lots of newbs are gonna buy and panic sell once we gap down again
But I agree if you're in for the long term, at least 5+ years then buying now isn't such a bad idea[/QUOTE]
It's not going to take 5 years to recover from this thing.
2 tops
This isnt like the 2008 recession where there was a clear underlying financial flaw. Once this virus is gone I think we get right back to hiring and spending.
Of course, very possible some other event could get on the way... the 2020 election should affect things, but I think even with that it's a quick recovery here.
[QUOTE=~primetime~;13954136]It's not going to take 5 years to recover from this thing.
2 tops
This isnt like the 2008 recession where there was a clear underlying financial flaw. Once this virus is gone I think we get right back to hiring and spending.
Of course, very possible some other event could get on the way... the 2020 election should affect things, but I think even with that it's a quick recovery here.[/QUOTE]
I'm not saying it's gonna take 5 years, i think it will be less also. I'm just saying you shouldn't be buying stocks with a short term return in mind. If you're buying stocks you should be thinking of what this will do in the next 5, 10, or 20+ years
If you wanna be short term buy options, that's where the big boys play anyways
We just had the biggest spike of unemployment in US history. That doesn't fix itself overnight even if we do miraculously stop the virus (which we won't)
Trump is busy downplaying the virus and is desperate for the market to recover. That will only cause the virus to spread more which will lead to an even worse economic downturn
Carvana? If we're talking used cars I'd feel more comfortable seeing it in person and checking it out in person. Didn't think this would be the next big thing but it's not a bad idea.
[QUOTE=Draz;13954145]Carvana? If we're talking used cars I'd feel more comfortable seeing it in person and checking it out in person. Didn't think this would be the next big thing but it's not a bad idea.[/QUOTE]
Carvana has been operating in the red for the past few quarters...they'll see a spike right now without dealerships being closed in most states, but once all this ends, I'm certain they'll dip
[QUOTE=~primetime~;13954136]It's not going to take 5 years to recover from this thing.
2 tops
This isnt like the 2008 recession where there was a clear underlying financial flaw. Once this virus is gone I think we get right back to hiring and spending.
Of course, very possible some other event could get on the way... the 2020 election should affect things, but I think even with that it's a quick recovery here.[/QUOTE]
I'm more optimistic than most too, but [URL="https://www.reuters.com/article/health-coronavirus-trade/update-1-coronavirus-downturn-will-be-worse-than-2008-wto-says-idUSL8N2BI8LE"]many aren't[/URL].
What do you think about my original idea of airBnB? Dropping a large sum right before the quarantine lift with a hit it and quit it?
Waiting for Disney to drop again to inside $100. Good buy because as soon as this ends, we will be back to Disney monopoly making the cash flow
[QUOTE=qrich;13954152]Carvana has been operating in the red for the past few quarters...they'll see a spike right now without dealerships being closed in most states, but once all this ends, I'm certain they'll dip[/QUOTE]
If you know it's gonna dip, why did you buy it to begin with?
[QUOTE=bladefd;13954409]Waiting for Disney to drop again to inside $100. Good buy because as soon as this ends, we will be back to Disney monopoly making the cash flow[/QUOTE]
It's back under 100. I think it can go lower though.
[QUOTE=dreamshake;13955098]It's back under 100. I think it can go lower though.[/QUOTE]
Bought 2 but now I am broke lol. Don't have any cash left. I seriously thought about buying a bunch of carnival or Norwegian cruise stocks but it's too risky. Cruise lines won't get any bailout money or low interest loans because they are headquartered in Bahamas/Panama/Cayman for tax purposes so international companies
[QUOTE=hateraid;13954400]What do you think about my original idea of airBnB? Dropping a large sum right before the quarantine lift with a hit it and quit it?[/QUOTE]
I heard the housing market might crash soon. All these AirBnB hosts have mortgages they can't pay because they don't have any customers now.
Don't buy any stock for next couple weeks. Market is going to fall further based on all of the economist accounts I have read. Better to hold money than risk everything. Cruise lines are airlines will be the best ones to buy (airlines safer but cruiselines more profitable).
[QUOTE=AlternativeAcc.;13954132]Lots of newbs are gonna buy and panic sell once we gap down again
But I agree if you're in for the long term, at least 5+ years then buying now isn't such a bad idea[/QUOTE]
I have a friend that I got into a fight with recently put his entire life savings into stocks a few weeks back. He was getting pissed at his new wife for not lending him some more money. I told him I'm sorry I don't have disposable income like you and told him to not give me updates everyday about oh he woke up and he had another G. Smug ass bitch :lol
How the pros do it: [URL="https://www.yahoo.com/news/disclosure-reveals-sen-kelly-loeffler-165432001.html"]New disclosure reveals Sen. Kelly Loeffler and her husband dumped retail stock and bought shares in a company that manufacturers medical supplies[/URL]
[QUOTE=falc39;13958076]How the pros do it: [URL="https://www.yahoo.com/news/disclosure-reveals-sen-kelly-loeffler-165432001.html"]New disclosure reveals Sen. Kelly Loeffler and her husband dumped retail stock and bought shares in a company that manufacturers medical supplies[/URL][/QUOTE]
That's the only true answer
Gilead, since they still hold the exclusive patent for Remdesivir, and if current trials show upwards of 95% effectiveness, they will gouge govt’s around the world on the price.