(03-19-2020, 02:59 PM)flsprtsgod Wrote:

(03-19-2020, 01:04 PM)jagibelieve Wrote: Disney is another solid company to buy long term (my opinion).  I think it could ramp back up to north of $110 pretty quickly and get back to $150 over the next year or so.  Many companies with strong balance sheets are in fact "on sale" right now.  DIS is another stock that could possibly slip lower than your buy price, but it's going to go up regardless.  Their streaming service is going to be a money maker along with once the theme parks open back up.

I've got them on my hold list, so whatever happens the next 6 months doesn't matter to me that much. Like I said, most of my stuff is in Funds not individual stocks. This is mostly just some speculation on the fact that prices are so very low.

If you hold for a year or more you will be rewarded.  I too very seldom buy individual stocks, I mostly buy sectors.  However, much like Disney I put money into Micro$soft because it's going to go up no matter what.  The thing is that you have to be willing to take on risk.  You have to also be able to accept a $1000.00 or $10,000.00 move either way depending on how much you are invested.

My advice to people with 401k plans... don't [BLEEP] with it.  Just keep contributing and "look away" from the financial news.  Trying to move assets around or change allocation is going to lose you money in the long term.  The best thing to do with a 401k (in my opinion) especially if your employer offers matching is to find a good mutual fund and just contribute and not think about it.  Jumping out of a fund because the market is down right now is the dumbest thing to do.  If anything I would have put more cash into it.  It's going to come back.

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