Question

So, we all know about CoVid-19’s effects on the economy, let’s brainstorm about how to use this to pivot our finances for the future. What stocks or other financial products or methods are good to buy or use at this time to reap benefits when the numbers go back up?  

Answer 1

Real estate

Answer 2

Cruise ships, airlines, Disney but not yet

Comments

Yep. Have all the cruise lines on my watch list and google notifications.  

Answer 3

Buy buy buy

Answer 4

Stocks haven’t gone down that much yet. We’re at October levels.  

Answer 5

I'm thinking about buying if it goes down more.  

Answer 6

Just got a hefty rollover check from leaving a job last month and deposited into a rollover IRA this week. Thank goodness I did the rollover before this hit, def hoping to take advantage in the next few days!  

Answer 7

It’s always good to look at the discounts in stocks in the Consumer Staples (/Defensive) and Utilities sectors for long term investments in times like this; they typically do better weathering the storm plus most pay solid and perpetually increasing dividends.