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Old 02-23-2022, 09:10 PM   #3452
Krovikan
Powerplay Quarterback
 
Join Date: Jan 2010
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I have two plays, very safe plays like REITs, AC when it crashed, etc.

Then I have very speculative plays that are generally based on sector movement, for example between 2017-2019, I invested most of my TSFA (small at the time, but still) in cryptocurrency stocks.

My DD is companies I think in those spaces that I think will make it through a few years until that sector will gain transaction. While I've had very big gains on this, I've also had misses; luckily right now my gains outweigh my misses by a fair margin.

I think the comment that most of a companies ratios, etc. are built-in to a stock's price is true except in extreme circumstances. March 2019 was one of those circumstances, and we will probably see the same thing over the next week with Russia, where speculation and fear rule the market, but in my investing experience (very limited and small fry), these events tend to be short.

I'll probably move cash into my TSFA tomorrow.

And holy ####, I just looked at crypto... WOW -8% in the last hour on the big coins... damn... Ya, fear is going to rule tomorrow for sure...
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