LogFAQs > #936120196

red13n posted...

While chris' all in on the downside is nice, there is a chance it takes a few years for those industries to see large recoveries as we move through what is likely going to be a recession period. Travel goes up after the economy turns around, so a broader strategy of finding other sectors(Energy?, safer bets like Microsoft, the auto industry, etc) to invest in looking at the shorter term is probably ideal. Diversify a little bit so that while you are betting on these companies you keep making sure your money is doing something for you.

Personally right now, I have a saved pile of money in an annuity that was offering a good bonus(10%, I saw a recession coming figured 10% was good value) that I will slowly drain over the years but will still be there as a low risk investment and put profits from that into other higher risk investments of varying degrees(The goal is a decent chunk in an ETF/MF, and then a bit into stocks I expect to recover hard).

Mind you, Red, he keeps saying he does not need this money at all. Not retirement, but also not immediate. They may not fully recover in 2-3 years but they are going to be well ahead of where they are at now.


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Sir Chris
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