I invested ~30k today in airlines and cruise stocks like UAL, DAL, CCL, NCLH and few others. Have been holding up tech stocks all this time, thought I'll invest in travel and leisure during the dip... thoughts?
I think cruise stocks are super risky. I can envision one or two going bankrupt
I agree. Maybe get out once you have some gains from the pumps and put that money back into tech
Not a bad move. By the end of year these stocks should do some recovery.
I also bought in for CCL and LUV, I plan on holding into 2022 when I expect to see them up, but until then it'll be a bumpy ride and hoping they make it through without going out of business
Dip was 8 months ago
Yes, completely agree! I'm looking for ~20% gains by the end of 2020.. not too aggressive in terms of return in investment
Bought $SAVE a few months ago, up +140% since then. I think they’re a lot closer to fair value now given the risk, and the revenue lost due to COVID. LUV is only down ~20% since right before the March dip.
Look at jets etf
Travel stocks will come back although it may take a while. You should be fine if you are playing the long game.
Yes, I'm targeting ~20% gains in the next 2 years.. not too aggressive in terms of returns
Buy JETS
All of these will go up as soon as 3rd stimulus is passed. Also the energy stocks SLB, BP, CVX, XOM.
“All in” “30k” Interesting. The wsb is strong in this one.
I max out my 401k contributions and expediting my mortgage payment. I have set a limit of 30k investment on stocks at the moment 😊.. regardless, is it a good investment for next year two?
So all in = a tiny portion of your investment 🤣 Ok! Why those guys though? Like the best outcome you expect in UAL is a return to pre pandemic highs which is about a double? Okay. I mean a double is nothing to sneeze at, but the time to go into those guys would have been at the pandemic lows. A low growth sector playing for a rebound. It’s fine, but hardly the exciting investment worth wondering about. Kind of like your “all-in” 🤷🏻♂️