Quote:
Originally Posted by philfree
So If you had $50,000.00 sitting in an IRA in the form of cash what one stock would you buy so you could turn into Warren Buffet? Go all in with $50,000.00!
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Are we trying to hit a home run? Or would this be a realistic thing where we're managing risk and reward? I'm content with a lower reward and lower risk if it's real money.
If I was trying to hit a home run, I'd go with a cruise line or with an REIT. They're going to bounce back strong or go under. I've got some REITs that have been sodomized for the past month like TWO. TWO might be my play if I wanted to hit a home run and not worry about risk.
If I was putting it all in one stock and I cared about risk, I'd probably go AMZN. It'll go up with market increases and won't get nailed as bad if the market tanks.
So if this is a game, I'll put my money in AMZN.