Best time to make money in stocks is when bad news knocks it down. Best time to sell a stock is when good news comes out.
Best trade I ever made was last March 2020, when I jumped in with all the spare cash I could muster. News was very bad about covid-19. Now people have realized covid-19 was not the monster the media was portraying it to be. After the vaccines came out stocks went up more. I will sell now after 1 year holding period to pay tax at lower rates and the good news is out. 50%+ profit in 1 year is the most I ever made in one year in the relative safety of index funds.
As for future of cruise industry, I am 99.99% certain it will come back with a vengeance. It is an amazing value for a carefree, crime free, stress free, 5***** holiday. Covid-19 will be around for many years but with the vaccine, it will not be a big impact on the economy.
“As for future of cruise industry, I am 99.99% certain it will come back with a vengeance. It is an amazing value for a carefree, crime free, stress free, 5***** holiday. Covid-19 will be around for many years but with the vaccine, it will not be a big impact on the economy.”
One of the additional problems the cruise lines have right now is when they went from a profitable business into debt, the outsiders with money in the game are now telling them how to run their cruise line companies.
You can see that in the article below.-Tom