Originally Posted by
Raffe
What I will never understand is why people always have to buy the fallen angels, the ones which are down 90% or more from the peak. If you feel you want to be invested, by all means buy stocks. Buy companies which are making money, companies which are paying dividends, companies which are growing. But why do people always end up with owning stocks where the survival of the company is under threat? It becomes a binary play on survival, up one day because of a potential vaccine, down the next because airlines will have to suffer from another lockdown. The business of airlines won't be returning to pre-Covid for 5 years, if ever. If I want to invest my money, I look for something with predictability, not a roulette-type bet on black or red. But by all means, knock yourself out if that is what gives you the thrill.