With the government's plan to dump money into the economy , a lot of investors have bought stocks to get in on the increase in investments . In my humble opinion , I think this is a short term buy in order to take advantage of a short turn around , and as soon as they can take a profit , they will be selling off again . Yes , there will be investors making a profit on this temporary Federal gift , but I don't see it lasting very long . Since my own skills are still minor , I would be concerned about buying and then later selling at a lose , except maybe for Walmarts . I've noticed in earlier financial cut backs , that while a lot of the more expensive stores don't do well , Walmart is cheap . When folks are short on cash , Walmarts seems to hold it's own .
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Feel free to reply to any comment by clicking the "Reply" button.you might be right. but many investors are looking at the tsunami of money about to be loosed by the Fed + all the funds from the fiscal side. that money will need to find a home.
i got lucky & did some buying yesterday (Mon). some big winners, in particular Chevron which was up 22% today.
i expect the stocks i bought today to retrace some gains but will try to hold my nerve & buy more at lower prices.
callmedubious
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Mar 25, 2020
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Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by PinkyandtheBrainGood correction. I actually consulted with a lot of people.