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Originally Posted by Table 5
I'm not as smart/invested enough as many in this thread be able to pick individual stocks, so I'm just doing mostly index funds as usual (MidCap and Tech).
In my head, it does seem like the tech sector is generally a safer bet to come out relatively well, as they are most naturally set up to work with a lot of the short and long-term social/business implications. So an index fund like QQQ (or a riskier leverage like TQQQ) which has strong performers like Amazon, Microsoft, Apple, Alphabet seems like a move that is relatively safe, but also has some growth potential too it if you think these companies can further take advantage.
Midcap wise, I'm putting money into MVV. And as a risk/throwaway, 5% into UCO. Im no energy expert, but while oil may be dying a slow death long-term, right now it seem stupidly low.
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Again, I’m not a financial advisor but I think you’re right. I’d only subtract a company like Apple from that group due to current conditions. They sell luxury goods and despite being such a noteworthy name, I think with current conditions unless they come out with a blowout product in September with AR capabilities as an example, their products will be what people will avoid splurging on for the time being. Amazon and Microsoft in particular seem solid right now.