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Personal Finance and Investing

A HERETIC I AM

(24,742 posts)

8. Perhaps the Consumer Cyclicals.

Reply to progree (Reply #7)

Thu Mar 12, 2020, 10:10 PM

Mar 2020

https://www.investopedia.com/terms/c/consumer_cyclicals.asp

Consider it this way;

People stop buying or doing X, and/or an array of X, but X represents things that they would normally be buying or doing on a regular or semi regular basis.

If they stop buying X, pent up demand starts to build. When the dam breaks the demand for X goes into overdrive. If no one could buy refrigerators for ten years and then all of the sudden, it was open season on fridges, what would happen?

Things wear out. Items need to be replaced. There is a reason why they have a sleeve called “Durable Goods”. Sure, they’re durable, but they aren’t infinite.

If I was looking for a space to throw money at in the coming weeks, it would be the things people are currently utterly afraid of taking part in, or being a part of, right now.

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This may very well be stating the obvious.... [View all] A HERETIC I AM Mar 2020 OP

Sounds like a good idea, but I'm not a trader, elleng Mar 2020 #1

And that is fair enough.... A HERETIC I AM Mar 2020 #2

I agree, but won't have 'spare dollars' for a month or so; elleng Mar 2020 #4

A month from now (or two months from now) lastlib Mar 2020 #11

I think so too. elleng Mar 2020 #12

Yes, for those who have some spare cash, this is a good time to start buying. PoindexterOglethorpe Mar 2020 #3

Sorry, but things have changed in the past few days. question everything Mar 2020 #14

yep. I'm considering dollar cost averaging my way back in. Pobeka Mar 2020 #5

Loud and clear!! Kilgore Mar 2020 #6

My "circuit breaker" got triggered today. With S&P 500 closing down 25% from all-time high. progree Mar 2020 #7

Perhaps the Consumer Cyclicals. A HERETIC I AM Mar 2020 #8

Thanks! I'm surprised it didn't pass through my mind, considering I had "cycles" in mind! but yeah progree Mar 2020 #9

As Rothchild said "the time to buy is when there is blood in the streets" nt mitch96 Mar 2020 #10

COSTCO, Procter and Gamble (the makers of Charmin TP) question everything Mar 2020 #13

One does not have to sell equities in order to make IRA withdrawals (RMD's or otherwise) progree Mar 2020 #15

Are both the IRA and the taxable account held by the same firm? question everything Mar 2020 #16

In my case, yes, for the IRA RMDs (Fidelity) and Roth conversions (Vanguard) progree Mar 2020 #17

Update: I just tried Fidelity IRA RMD withdrawal via direct transfer of shares to a regular progree Mar 2020 #18

Well, will take my time. Obviously will have to do it by phone so will wait. question everything Mar 2020 #19