Hey guys, I haven't had room for new pins for quite some time, so I have an extra 50k in my account. I've never invested in stocks (I prefer real estate), but I'd like to try to capitalize on the downturn. I'm not a fan of long term as I don't trust the market in general. I think these bubbles and corrections are going to become more frequent, and after 2008, I don't trust corporate and government influence.
Anyway, here are my preliminary plans.
1. My theory is that the best time to get in will be when USA infections decrease for the first time. There will be false spikes that would be risky to play before this, so I'll be avoiding them.
2. My guess is that there will be two phases for capitalization. The first will be companies that are an immediate need when society starts up again, then the slower gainers. The plan: gain from phase one, pull cash, dump into phase 2. Pull cash, throw party.
3. My prediction is that the average schmuck (me) will miss the first spike because Insider speculators will create it. But there will still be a lot of room for profit.
Here are some tentative investments I'm considering:
Uber - people need to get around
Netflix - hopefully it will go down. Doubt it.
Starbucks - habit/addiction purchase
Telecoms - habit/needs
Airlines - habit - way of life - status
Banks - print money, mass debt holders
Tesla - ingenuity, adaptability.
I definitely need to do more research. Please tear apart my theory. I'm hungry to learn.