On a brighter note...... stocks

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44070dart

44070dart

How the hell did I get this old..
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right here ...see me I'm waving.. NY
Just wondering what will be the big buy after stocks hit rock bottom and things turn around ..and they WILL TURN AROUND. Me, I hate to say it here but I will be buying Ford. ..

I missed it in early '09 and my brother, after telling me to join him, did very, very well. I'm told about it very, very often. :(
 
I’m keeping my assets heavily in cash until the end of the Summer at least. Too much uncertainty right now and the sectors that grow first and fastest are yet to be determined.
 
44070dart said:
Just wondering what will be the big buy after stocks hit rock bottom and things turn around ..and they WILL TURN AROUND. Me, I hate to say it here but I will be buying Ford. ..

I missed it in early '09 and my brother, after telling me to join him, did very, very well. I'm told about it very, very often. :(
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Funny, about three years ago I told one of my kids to start a TP manufacturing company and use profits to put other TP companies out of business.

As far as whats going to be good after the pandemic, apparently you could just watch what some Senators and Representatives start investing in.:D
 
I just bought some Canadian cannabis stocks. Anyone have any tips on stocks or bonds to buy now in early 2021?
 
44070dart said:
Just wondering what will be the big buy after stocks hit rock bottom and things turn around ..and they WILL TURN AROUND. Me, I hate to say it here but I will be buying Ford. ..

I missed it in early '09 and my brother, after telling me to join him, did very, very well. I'm told about it very, very often. :(
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Look at what some of the rich were doing with short sells against AMC, GameStop and other companies that are slowly going out of business.

They profit off of the decline,

as for traditional investing: Tesla, lithium mines, resources needed for technology.
 
At 73 I can't risk investing in anything. Only reason I even have any cash at all,is I sold my little place in Missouri. The cash earns no interest practically, and inflation today is higher than the few pennies of interest! ha
 
Just heard a commodity investment expert yesterday, he is concerned about inflation because of the government's covid giveaways. His bet is bitcoin and the digital money. Gold is ok but you have to have possion of the metal which involves handling charges. He said to stay away from ETF's as they are not actual stock ownership.
As for myself and wife, we are in 70's and are still in stock funds. We need the growth for long run. We stay in index funds rather than pick winners.
 
i think workhorse will do alright i got some of that . or any good div yeild stock like Enbridge at 7.56% .
 
Guns, things to wipe your *** with, and energy. Especially number 2 (lol.)

Digital currency. No way they say.... So was the conspiracy about how PDA's and electric vehicles will never take off..... That's just one schmuck's opinion....

JW
 
greymouser7 said:
Look at what some of the rich were doing with short sells against AMC, GameStop and other companies that are slowly going out of business.

They profit off of the decline,

as for traditional investing: Tesla, > lithium mines, resources needed for technology.
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I bought ALLIF (lithium) last year on a long shot (1450 sh.@ $.35 ) .... for the price, I'll just forget about it for a while. Few bucks in couple other stocks,(slm,hrzn) but everything else is mutual funds, and they have done well. Can't take the roller coaster ride of stocks anymore.
 
Buy things that you can resell if the bottom really falls out. I would buy guns but not to resell. Reloading equipment would be good Think of items that you would need to survive because someone else will need and want them. I even believe cash is not a good idea now as it can be demonetizes barter and trade are better. Even gold and silver can be recalled by the government ala 1933.
 
SLOPAR72 said:
Guns, things to wipe your *** with, and energy. Especially number 2 (lol.)

Digital currency. No way they say.... So was the conspiracy about how PDA's and electric vehicles will never take off..... That's just one schmuck's opinion....

JW
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With the first one, all three can be obtained.
 
barbee6043 said:
At 73 I can't risk investing in anything. Only reason I even have any cash at all,is I sold my little place in Missouri. The cash earns no interest practically, and inflation today is higher than the few pennies of interest! ha
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I agree , I pulled most of my 401k out and put it in c d`s, when obumma was in power . What little I kept , has steadaly grown , since he has been out/gone !
All of it together aint that much to brag about -----------
 
Mining of silver and gold. Not copper, China is a huge consumer and is in collapse. I would bet on Mexico and against Asian manufacturing.
Heavy equipment manufacturing (includes farm machinery) industries.
Tooling manufacturing industries.
Defense related industries.
 
I was riding the high equities market out with bond ETFs through March 21 when I swapped over to an aggressive equities strategy. (heavy to index and mid cap ETFs) so a gentle dip over the valley and a rocket ship out of the hole. Returned to bonds in June, which were flat then really so I cashed out ahead of the election last autumn. I'll just wait for the next decent correction and return boldly. Prolly cheap and easy ETFs.

In the mean time I have to figure out what to do with this 1099-B.....
 
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