Quote:
Originally Posted by Rain Man
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.
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I own several stocks but AMZN isn't one of them.
It's so close to it's 52 week high but I'm pretty sure it's going to keep going up. My thought is to be able to make big gains early as the pandemic subsides and then ride it higher over the next several years.