Quote:
Originally Posted by airman
what are you looking to buy next?
|
if no need to think = then is S&P 500 ETF
I might buy more google but i think i have too much now. maybe need to diversify a bit more.
I am considering microsoft and coca cola. these 2 are good stocks but have to wait for a good price which is hard to get.
Coca cola and mcdonalds are in an "up cycle" now due to inflation, so it is not a good time to buy now. I consider these as consumer staples. Consumer staple stocks do well in high inflation times. You dont buy during the up cycle, you buy during down cycle when price is cheaper with lower earnings. Then when go up cycle just watch the price & earnings go up. Same with oil & gas stocks.