Lately we seeing so many post about should i buy airline, boeing, bank etc. in short companies that have taken beating from COVID crisis. And only argument i have read is, this is the bottom, it has to go up.
Well, no. It doesn't. i mean it might, but it might not. That doesn't mean it will go down but stagnation is a possibility. I wouldn't be surprised if airline stocks are trading at the same level as it is today in 3 years from now.
So please factor in the opportunity cost in your equation when you are deciding on opening a position. Market doesn't always go up and down, it also trades sideways when supply and demand are balanced. Look at MSFT chart from 2002 - 2012 for reference.
Submitted May 04, 2020 at 05:12PM by daynightcase https://ift.tt/2KWF1w3
