Quote:
Originally Posted by bunk
Apple wont tank, thats for sure. Theyre a too big to fail company. I think one of the best bets is the US Airline industry. AA, United and even Delta. Theyre so cheap right now and you know they arent gong anywhere.
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I was told that about Eastern Airlines back in the 80s. I put 1700 out of the 2K I invested in EAL (based on my uncle's suggestion. He was an EVP at Merrill). EAL went bankrupt 90 days later.
I bought Ruger stock with the rest and made back the 1700 I lost. It took about 4 years to pull it off though....
Now, I do my own research. The market goes up, the market goes down and you only lose money when you sell.