The New “What did you do with your Z today” (with off topic replies) XXXV

Leingod · 03-25-2020, 08:24 AM

And bunk is correct. If you have spare cash, now is a phenomenal time to invest in safe places. I bought a few different things last week. Yum brand food, Dave and busters, and apple since they all tanked relatively hard. D&B is probably the riskiest I vested in, but the others have only ways of going up.

bunk · 03-25-2020, 08:26 AM

Quote:

Originally Posted by Leingod

And bunk is correct. If you have spare cash, now is a phenomenal time to invest in safe places. I bought a few different things last week. Yum brand food, Dave and busters, and apple since they all tanked relatively hard. D&B is probably the riskiest I vested in, but the others have only ways of going up.

Apple MIGHT be risky since they manufacture in China. Itll depend on if the Govt puts sanctions/restrictions/regulations after this virus thing is all said and done.

Leingod · 03-25-2020, 08:28 AM

Quote:

Originally Posted by bunk

Apple MIGHT be risky since they manufacture in China. Itll depend on if the Govt puts sanctions/restrictions/regulations after this virus thing is all said and done.

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

bunk · 03-25-2020, 08:30 AM

Quote:

Originally Posted by Leingod

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.

Leingod · 03-25-2020, 08:35 AM

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.

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.

bunk · 03-25-2020, 08:39 AM

Quote:

Originally Posted by Leingod

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.

Ghostvette · 03-25-2020, 08:42 AM

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.

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.

bunk · 03-25-2020, 08:48 AM

Quote:

Originally Posted by Ghostvette

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.

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.

03-25-2020, 08:24 AM	#1 (permalink)
Leingod A True Z Fanatic Join Date: Mar 2015 Location: Some Place Cold Posts: 16,053 Drives: In Circles Rep Power: 2684396	And bunk is correct. If you have spare cash, now is a phenomenal time to invest in safe places. I bought a few different things last week. Yum brand food, Dave and busters, and apple since they all tanked relatively hard. D&B is probably the riskiest I vested in, but the others have only ways of going up. __________________ I AM FLOOF! SOMEBODY FLOOF MY HORN!! ALL HAIL THE FLOOF!!I JUST FLOOFED ON THE FLOOR

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