My entire investment strategy has recently been investing in blue chip companies that have been negatively affected by the recession. Cash rich preferable
I am looking into more long term safe options right now, and have been eyeing the ETF, VEGI as a long term play as well as the ETF WOOD.
I am not sure your thoughts or opinions on this, but I am not too high on the tech stocks myself right now, although I had money in Google at $90 a share and Berkshire Hathaway (Apple) at $200 a share. It just needs to be priced right for me. The P/E of those companies being as high as they are honestly freaks me out so much.
I am 25 and I like safer plays. Generationally until my parents, my family has always played it safe working for the government and investing in bonds. So culturally I suppose we are frugal and not quick to put money into things. I’m looking for something that can pay out 2%-3% dividends and is a safe play long term. Maybe the SP500 index is the move, but to me farming has to be more recession proof than Apple… right?
Leave a Reply