Stocks question

Horace

50% in 5 years? C'mon man. Apple does that in a couple months.

Mik

Well, I guess the point is that nobody knows for sure that they'll be back to normal in 5 years.

Exactly. If that were the case all the investors would have snapped up the bargains and these stocks would be right back to where they were.

89th

True, unless they care more about the 1 year return than the 5 year? I know....diversify.

Mik

Timing the market is reliably unreliable.

Loki

@Mik said in Stocks question:

Timing the market is reliably unreliable.

True dat. Very rare for anyone to beat the market over a non cherry picked long period of time.

Jolly

I'm more of a mutual funds guy. The oilfield is cyclical and is way down right now. If I was looking - and I ain't - I'd look at a very good energy sector fund.

But that's just me, YMWCV.

LuFins Dad

The airline industry will recover but that doesn’t mean Delta will recover. Restaurants will recover but I’m not going to buy stock in TGI Friday’s...

Mik

I'm pretty happy with my guys right now. We're in positive territory for 2020.

Jolly

@Mik said in Stocks question:

I'm pretty happy with my guys right now. We're in positive territory for 2020.

Yep, after a lousy first quarter.

Third quarter could be interesting. Fourth quarter could be disastrous.

Mik

Hard to say.

The New Coffee Room

Stocks question