Nowadays the world is panicking and the stockmarkets reflect that feeling, so I decided to share my opinion in the matter.
Times are difficult, that's for sure, but that doesn't mean the world is falling into complete bankrupcy. The time of money is to be kept safe at home or in a safe is gone.
As I mentioned in a previous post, I think we should only invest what we can afford to lose. So this article is focused on those who can spare some money to invest.
My investing plan is a long-term one, but due to the current times I had to change my approach to the market. I'm currently using a
safe "quick-buck" plan, which I will promply explain...
This "new" concept of "safe quick-buck", defines investments that, due to the current crisis, may profit almost immediatly, but if not is an investment for the future.
It's an investment in a company that is being currently underrated and due to that fact the value of the stocks varies, sometimes, abruptly. If the early prophit is not achieved, rest assured because when the economy settles you will see its value rise.
With this said, I think that someone with some money to spare may be able to profit quite a lot.
Currently, I'm recovering from bad investments with this method (Visa, BCP, ...), and I'm almost hitting
break even.
Like any other investor, my goal is to make the most out of my investments, and because this blog is all about sharing experiences and opinions, I'll leave you with two companies that I think you should buy (one portuguese, one american):
- Galp (GALP) --> The company is pretty strong and stable, as the profits of the company show. They have the monopoly here in Portugal and currently have oil exploring facilities in some parts of the world. If they hit oil in Brazil, their stocks are going to sky-rocket.
- Apple (AAPL) --> If you know Apple, where have you been? They have managed to develop technology and they have managed to give it style. It's not only techlogy you buy, but also a social status. They were constantly up there, and now the stock value have decreased to values which I think is ridiculous underated.
Hope I've been useful.