written by reader What ate your thoughts on longer term stocks i put out my money from my 40-k

By ssayzzz6, March 15, 2020

Hello as I mentioned i pulled out my money from my 401 k and i think i did it just in time…..I think this is only the beginning and things will get words,especially what the feds are doing at the moment,just my opinion my question is what you’re thoughts are on longer term stocks.I am now trading for 1.5 year and did a lot of research.I am pretty nervous but i am going to manage my 401 myself.I personally am very interested in a clean energy etf and want to play some safer ones.I would appreciate you’re thoughts on certain sectors and why long term it could be interesting,

Apreciate it.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.



This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
March 16, 2020 12:25 pm

Clean energy stocks might be very challenged by super-low oil and gas prices, but right now I would try to avoid making big decisions. Scale in and out of things gradually because the market is so wildly undecided about what the future will look like — we can’t know when the worse will hit either for the virus or for the economic impact of the virus, let alone the second-order impact of what either of things mean for the valuations of companies in the stock market. Right now I’m thinking more about the survivors — companies who I know can make it through a recession with their business more or less intact, even if it shrinks a bit — than about the winners, so “safe” is a nice word to use but I haven’t been using it much lately.

Add a Topic