I realize this is a very volatile time, but im sure some folks have some ideas for long-term investment. there seems to be a lot of big "IFs that could affect the market in a big way: -who controls the Senate. -what kind of stimulus bill, if ever, will be passed? -will there be lots of shutdowns, more layoffs, big financial contraction? so, where is a good place to put money right now? i thought about high yield dividend ETFs but those high yield rates are now gone. plus we are also at record highs and i feel like its better to wait for a dip to get back in.
I was thinking of Peacock, the new streaming service. I missed out on Netflix. Dont' want to make that mistake again. I'm new to stocks, but I'd like to get in on the action on an new rising stock ( who wouldn't ? ) What about NIO ( China's Tesla ) if it comes to America, that stock should soar.
Years and beyond ago I advised 2 stock people of UMH both are happy today. But, still a small sector. I just talked to my stock man (1 of 2) that for now I am on hold. If I were to invest it would be in a China Growth Fund courtesy of Globalist fools. Moi
Every year the market has a big sell off maybe two or three times of 20% or more. I always like to have a cash position of 10% to 25% ready for those times. Diversification is the best way to protect your portfolio. Putting all your money in one stock or one sector of the market is a good way to go busted. You don't need to chase all those high flyers to make a decent return on your money. The markets like to look into the future. It's not what you have done in the past but what can you do for me in the future. Once you commit some money to the markets you need to realize what goes up also goes down, and if the company is good don't sell , it will recover. It's all on paper. Think long term for retirement and if you have a little to play with you can play one of the speculation stocks. Never bet more than your willing to lose. It's like a Casino, if you can't afford to lose you shouldn't be playing. With Biden and the Democrats in power the market is in transition at present. You might look into a ETF infrastructure and materials sector. Rising interest rates are good for banks. Were a Tech world and it's not going away so you want to be invested there. There are a lot of new companies coming into the markets and I like a fund QQQN which gives me exposer to them. If you want to play tech try just the QQQ. If we can get past this covid 19, people are going to want to travel, so I would like to be in cruise lines, hotels, booking stocks and Disney. With most brokerage houses not charging a commission it gives you the opportunity to invest a small amount in different stocks. Don't let the price on some of them scare you. Buying 1 share of Shopify at $1400.00 is the same as buying it at 100 shares at $14.00. So if you look at the ticker tape and see SHOP down 14.00 it is just 1% , like .14 cents if it was $14.00 a share. If you must play Bitcoin I would recommend you to read about investing in from Investopedia to get some idea on how it works. I play a couple Crypto Currencies but as a trader not a long term investor. Very volatile. I do invest in Gold and Silver but as a Numismatist. Surprisingly with the destruction of oil and gas by Biden and Co. A Energy ETF should be a good play with a shortage of oil. I also like Healthcare equipment companies as people have been putting off some operations do to Covid 19. I'm probably not a good source for advice as I am more than willing to take a risk than most. At present I'm 20% in cash and getting ready to increase it to 25%, 25% in Gold, silver and Crypto Currencies and Miners, 30% in Growth stocks, 10% in Value stocks and 10% in Speculation and SPAK/IPO stocks. So where are you at present?
The depressing fact is that every asset class is just expensive right now, even after the NASDAQ has been selling off for a few weeks. The growth "story" stocks from 2020 looks like they are sharply reversing in 2021, and the shift to value stocks looks like it has largely already happened. Personally I am sitting on a little bit of cash before I invest more; I am looking at adding to my positions in financials (JPM, CME, AXP) and energy (XOM), maybe adding some materials (VAW) or industrials (MMM, DE). For longer-term "duration" stocks I am planning on adding to my position in an international growth fund, VWIGX.
Yeah I nibbled a little myself Friday with XON. I have a couple bids in for TTD, MSTR, & ZNGA because they have sold off so hard last week they are looking attractive. I went down 1% where they are at just in case the selling isn't over. Which stocks held up for you in the mist of the sell off? The ones that held up best were VALE, MSFT, MARA, AMAT, ATKR, HON, & XLF. The ones that got crushed were AAPL, NVDA, TSLA, QCOM & FVRR.
Real estate stocks(Reits) have underperformed. They might be worth looking into. I like the Cohens and Steers closed end funds for a big yield. Reinvest those distributions into more shares. RQI has always been solid as a core holding. RNP also invests some in preferred stock which is not a bad place to be now. I own 100 shares DRN Direxion daily X3 real estate which is a leveraged fund for extra punch. RQI and RNP are on my short list of 20 CEFs for core holdings.
Depends on how long do you want the stock/bond for? If it's for a long time- treasury bonds are always good investments.
Then and now, in broad market funds, index funds doing so by dollar cost averaging your investments and compounding the returns. Do that for your working life and you will retire a millionaire.
You'd be losing you shirt right now to inflation. Long term in the stock market, you can't find a 10 years period where you would have lost money. Real estate if you can pay the taxes and upkeep and do your research and be able to lose that money.
My suggestion would be schedule a schedule a meeting with a investment advisor or at least speak to a fund specialist at a bank. Even if you do not invest in their funds they will ask you the regular question regarding time horizon and risk tolerance and create an investment profile for you. The political party in power is probably the least of concerns when it comes to managing your investments.