Originally Posted by
trobin31
I posted a thread about how to invest during COVID back in May 2020...I was gonna bump the thread...but instead...here’s the info you need now...
There is a very serious economic boom going on...picking a recovery stock and piling into it..now is the time...they are out there...just need to find...barbell approach is likely gonna get you through this year...pick a hotel, airline, retail, bank, oil/gas...cruise line ... Snowball is actually a really good follow for these type of stocks as I’m pretty sure he fought in WWII or Korea and knows these sectors ...but if you want to learn to fish...it has to be a good brand, good balance sheet...good value...that’s all..pretty simple..I have MGM, Spirit&AAL, Macy’s/JWN/ABEV, JPM/BAC, VET/DNOW/XOM, CCL...it’s painful and boring and I hate myself and want to sell everyday but if it makes money it’s all that matters...we are likely to experience a hyper-growth in these sectors all year due to increased earnings and lagging market price....the same overvaluation occurred in tech 2020 will likely occur in energy, travel, discretionary/consumer staples , industrial, finance...it’s just common sense...less virus means more normal life...more spending on stuff you don’t need...more credit debt....so just pick something and go with it to keep green...you don’t have to marry it, but rest assured 2021 will not be like 2020.As for tech...I am still insanely bullish on 5G/Alien space adventure tech, weed smoking, solar power and cord cutting, especially advertising, also BTC target remains +100k, ETH +10k, I like VGX $50, GRT $10...the bitcoin related stonks are leveraged so getting in while beaten down is good,,,I recently bought BTBT BFARF after riding MARA RIOT SOS XNET ARBKF to 5-10x gainz....now is time to get into those if you don’t like buying the crypto but want exposure