(03-12-2020, 02:40 PM)jagibelieve Wrote:

(03-12-2020, 01:47 PM)Gabe Wrote: Out of curiosity, what sectors would you expect to recover faster?

I like technology the most.  Companies like Micro$oft, Amazon, Netflix, etc. are not going to take near the hit that other companies are taking.  I also think that real estate could do well with the lower interest rates so I would look into some of the better performing REITs.  As I have said in other posts, consumer staples would be "safe", yet that particular sector tends to lag behind the overall market.  This is companies like Procter & Gamble, Walmart, Costco, etc.  basically things that consumers are still going to use on a daily basis.

Finally, look at the consumer discretionary sector but be selective about it.  This includes companies like Home Depot, McDonald's, eBay and Amazon.

Basically I am looking for companies that won't be affected as much with the down turn in the market.  They should still be able to turn in good quarterly earnings and not have a bunch of losses.

I would stay away from most anything travel related, at least for now.  Their Q2 and Q3 earnings are going to be disappointing.  Eventually they will recover, but I don't like it right now.  This basically includes any airlines, hotels, cruise lines and some theme parks (Disney was pretty strong but is going to end up with bad earnings reports).  Now over time (>5 years) these should recover, but don't look for anything good in the short-to-mid-term.

Now in my opinion, anyone less than say 50 years of age that has the opportunity to contribute to a 401k plan offered by their employer should do so, especially if the company offers to match any of the contributions.  A 401k should be handled differently than an IRA (which is what I have).  Put the money into it, select your investment(s) and don't look at it.  Even in this down market you are buying low and over time it will increase.

This me. 403(b) currently from Flagler that matches up to 5% with a 12% employee contribution limit and an IRA. IRA was a rollover from a previous 8-year 403(b) where FSU matched me up to 6% and a 15% employee contribution limit. 

Following the closure of the biz in Tally, I don't have the capacity, nor the stones, to really get involved in the market beyond the above...yet

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