True. It'll be a hard pull though as they're still basically the largest tech conglomerate in the world. My only regret is not getting tesla stock earlier. I never really paid attention to it. Haha

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.

Here's a mix of my top 5. These are all safe. They're slow burners basically. The major ones are the last 2 for me. I've seen a climb of 4.75 and 6.46 rate of return on them respectively.

T Rowe price mid cap growth

T Rowe price dividend gr

Nbt Bancorp stock fund

Vanguard intermediate US treasurery

T Rowe price retirement 2050

1 or 2 of them might go down the drain. That's my only concern. Delta has been a steaming pile for a while. But you're right. For how little they are right now. It's worth the risk to buy a few grand of stock if possible. At worst, they go under. Best case, they rebound and double the worth again.

Last but not least. And I never thought I'd be saying this to Zoren.

Never pull out! (of your 401k at times like this)

:tup:

Hold where you are. It will come back up over time. If you pull out, you loose everything when the market rebounds, and it will.

Just remember:
“Be fearful when others are greedy, and be greedy only when others are fearful.”

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. :gtfo2:

I bought Ruger stock with the rest and made back the 1700 I lost. It took about 4 years to pull it off though....:mad:

Now, I do my own research. The market goes up, the market goes down and you only lose money when you sell.

I'm no expert but, as mentioned earlier, if you sell now, it will just cost more to get back in later.

If we go into SHTF mode, neither your money nor your stock will be worth anything - ie, it won't matter what you do, you're boned.

One of the stocks I have was trading at 100 to 104 a share. It is now at 78. Not a happy camper.

Too late to do that. I would just ride it out.

Those were different times. I dont remember EAL, but I do remember when you had a crapload of different airlines in the industry. All that competition was sure to squeeze companies out of business. Apple has their niche in the tech industry all to itself with respect to their products (However, Samsung does share that market, somewhat, with a different demographic)
Even with the US Airline industry, there are only a handful of companies, which makes looking over your shoulder much more easier as opposed to back in the day when not only were they looking over their shoulder, but to their left, right and ahead of them.

Got me thinking and now I want to invest a little in jet blue. It's already rebounded 11 percent.

401k, Vanguard's Index 500, and Primecap. If you can get into them.

Stocks, get one's that pay a dividend. Duke Energy pays a good dividend. You reinvest that dividend back into the stock. You'll end up with more stock.

When Qualcomm first came out. I had a chance to get it for $11 a share in January. By December. The stock had split 4 times. And was up to $44 a share. :mad: