Is it safe to make additional investments in airlines and energy stocks now?
I had invested in Airlines and Energy stocks like Schlumberger, Delta, American, GE etc in may thinking the stock prices hit rock bottom. However, what followed after that was a crash and I was down 30% until last week. I have almost recovered from my losses and currently my portfolio is down by ~5%... should I pull all the money out of the market or should I invest further assuming it will yield returns in the next year or two? Not looking for immediate returns, but do not want to fail miserably
transports and energy sectors will have another leg down. this is not financial advice. i am not a financial advisor.
As a whole, yes. But specific companies may go under 1st
Yes airline(Delta and Southwest , cruise - RCL and hotels , AMC long term only
Yes
Prices are rising fast, market popped and they went up. I was going to invest in BA at 150 and missed the boat already back to 200.
Roll the dice.. What happens if one of those companies goes belly up? I'd get out if I was in your shoes and invest in something better.
But do you think the govt will let the airlines companies fail?
There could be mergers etc, even with a bailout it doesn't mean your stocks will be worth much.