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Old Jul 7, 2020 | 2:52 pm
  #18  
Chris_G
10 Years on Site
 
Join Date: Feb 2015
Programs: BA Silver, Avis President
Posts: 485
Oh God I wish I had some courage when it comes to investment...

Ok, who knows what Tesla's going to do...but Netflix and Amazon were obvious plays and could have been bought on the dip...

What else were people going to do during the lockdown for entertainment and shopping...??

That's why I have a comfortable retirement, but with J being just the occasional treat coupled with a stay at an Ibis when I get there...rather than bouncing around the world in F and staying at fancy hotels and resorts...

As for BA's share price...?? Who knows, but for what its worth (& that's not much) I think the vaccine is a red herring...since the virus might mutate and they may or may not discover something that works within 6 months.

After that it'll take years to roll out worldwide and not everyone (including me) is going to want to try out a drug that has been rammed through short cut testing procedures. I'm not an anti vax type, but really...?? Herd immunity will take a decade to achieve.

Of course there's reality...and then there's the stock market. No doubt if a an effective vaccine was announced tomorrow, BA's share price would double.

I don't think there's going to be a second wave in the USA, Brazil etc...just one long endless first wave. As for Europe...we'll play an endless game of "Whack a Mole" dealing with localised flare ups and consequent localised lock downs.

Hardly an investment positive scenario as the summer ends and winter with the flu season starts cooking in the Northern Hemisphere.

Then there's Brexit...a disaster in itself of catastrophic proportions, with Johnson and his crew about to blame Corona for the economic consequences of this appalling folly...

Should have bought Amazon though...obvious now...

Chris
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