re: Novice stock question

quote:

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On days and weeks like what we’ve been experiencing why wouldn’t I just go buy airline and oil stocks?

Those companies aren’t going bankrupt and will bounce back, right?

Why wouldn’t I buy ConocoPhillips and AA/Delta right now?

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Because the stock market is bad and you should spend your money on boats, cars, and 4 wheelers.

Seriously though if you have extra money that won't put you in a bind with bills for the next few months. Buy away. The stocks you mentioned will be beat up until the virus thing starts to calm down but will come back to a sensible valuation. You can ask someone who knows stock values what stocks you are interested in should be valued at and see where you want to get in at. Ask someone with more than 15 years of valuing stocks. If you don't know someone pay financial adviser or stock broker for an hour of their time to discuss the stocks you like.