Sorry for the noob question, I've been reading for some time and haven't heard too much on an exit strategy for these stocks.
JETS for example is roughly 80% of it's pre-covid value right now. I'm not good at diving into financials, but given the debt taken on by this sector I would be surprised if there are much more gains to be made here (for the next couple years anyways), Ive been surprised before though. Surely the current price is a bit too optimistic? Or is there still room to run up? Like some say, maybe reality will set in and things will start to go down next year. If I did sell now, I'd have to deal with short term capital gains tax. Would it be worth holding for another 5 months instead? Year and a half? I don't have any other big ideas for the money so I'd probably end up throwing most of it into VTI after selling.
Submitted December 11, 2020 at 07:09PM by forgotmypasswordsad https://ift.tt/3a2AK7W