Investing 102

[LS1 TJ]

Guess who is betting on US stocks? The whole world. Europe, Asia, Mideast and every one else. It's going to be a wild ride but we the US are the only solid bet in the world.
Oil? Trump had a few words with the Saudis yesterday. Pretty much said if they flood the oil market all of our Navy ships and any military assistance is gone. Same for all the other Mideast oil producers. Let Iran shut down the gulf and see where oil prices go. If that happens there will be a drilling bonanza in the US like you have never seen before.
Bet on the US. That's where my money is at.

[frankv11]

Have not been here for a while but would like to catch up with this thread 👍

[JKnight]

I was bound and determined to take advantage of this Covid19 pullback in the market, since I was laid off and had no cash to spare during the 2008 recession. I threw what I could into a Blue Chip mutual fund in late March and am up 25% so far. Wish it could have been a larger purchase but I consider it a moral victory. Figuring I’ll take some profit to pay for the bathroom remodel I’m doing and keep maxing out my 401k contributions. Luckily my job is safe this go-round, so I’ll be a buyer no matter what the next few months might bring.

Agreed that dividend stocks aren’t quite as attractive in this environment. Nobody is hesitating to cut their dividend like they were when Greg was extolling the virtues of dividend hunting.

[WSSix]

I did the same, threw in what I could and am happy I was able to do that much. I still think there will be a pull back once quarter two results come in. If I'm right, I'll buy more then.