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’m not a hands on investor. All of my savings have always been in mutual funds, largely index funds, that I picked years ago and haven’t changed since. A couple of years ago, after having a bunch of cash sit idly in a regular savings account watching the bull market from the sidelines for a year or two, I decided to invest it.
I picked AMZN because I used them a lot and they didn’t seem likely to go away. So far, I think they’ve outperformed most/all of my mutual funds. This makes me think I’m an investing expert now.