Stocks question

[89th]

Let’s take Delta Airlines as an example. Above. But really we could talk Exxon, Marriott, etc.

For some of these large companies that were hit hard, but I’d imagine will fully rebound in the next 5 years. Why not invest heavily in them now knowing in, say 5 years, they should be somewhat back to normal and therefore investors would see 50% or more in stock growth?

[Klaus]

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

[Horace]

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

[Mik]

@Klaus said in Stocks question:

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.