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Monday, March 19, 2018

These days I would recommend buying stocks of companies that sell basic necessities like real estate, poultry, vegetables, cellphone load, water, and electricity. This is because people are now buying bare necessities only and are no longer buying luxury goods, shown by many luxury clothing stores closing up stores and going out of business. I think fast food stores like JFC are doing well in the stock market because they sell basic poultry items which are chicken and beef plus they sell it at the lowest prices for non-homecooked meals.

I think SMPH shares are going to continue going down in value. I guess people are just focusing on the bare necessities and are no longer buying the luxury goods that are for sale in malls, making fewer people want to show up for the malling experience.

I think real estate stocks are going to go up in value especially, as people start spending more on things they actually need like land to live on and housing. I buy stocks for a different account and I have seen some real estate stocks almost double in value over three or so years. In contrast, companies like URC, which sell potato chips and other similar snacks, have gone down in value constantly since potato chips are not a need, and I was forced to sell URC shares on both that account and my own account, which I did a year or so ago. URC stock is still going down as I type this.

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