Barry Nirmal Tiwary's video: Which Stocks ETF and Mutual Funds to invest in Right Now

Which stocks to invest, stocks or ETF, stocks or Mutual Funds, Apple stock during 2020, United Airlines stock during pandemic, S&P 500 during 2020, UAL during pandemic, S&P 500 during pandemic, SPY or stocks, SPY or PRDGX, why choose PRDGX, why choose SPY over stocks, why avoid individual stocks, Greed and Fear, Long term or short term, Why keep stocks for long term, In this video I will discuss the burning question that you have right now, that is which stocks or mutual funds should you invest in right now. As you know, the best time to buy stocks was March 22 of this year when the S&P 500 and other indexes were all at low point. The high point was on Feb 19th when SP500 was at 3387. Then it started coming down and on March 22 of this year S&P 500 was at 2191. Since then it has climbed up steadily and is today at 3689. So even though pandemic is still raging, S&P 500 and Dow Jones are at highest point. So what will happen when pandemic has been defeated and people start travelling and going to offices. They are bound to go up more. SO if you had invested on March 22 in SPY ETF that tracks S&P500 index, you would be up more than 50 percent. But the problem is that on March 22, every one was scared. Stock market is driven by greed and fear. When market is very low, investors are in the grip of fear and they stay away from investing. And when market is climbing up almost daily they are in the grip of greed and they invest when market is high thinking that the market will keep climbing. Both greed and fear destroy our portfolio. In this video I will suggest some techniques to build your wealth. Right now the airlines and cruise stocks are at a low level and they are bound to go up over the next 12 months. United Airlines was trading at 84 dollars on Jan 23, 2020, and today it is at 49 dollars. So it is at just over 50 percent of what it was before the pandemic started. On June 15 it was at 39 and today it is at 49. So, by spring when large numbers of people will have been vaccinated, travel will go up tremendously. And all airlines and cruise stocks will go up. So, if you are debating whether to invest in Apple or in an airline, consider that over past one year Apple has gone up from $66 to $122 which is close to 100 percent growth. Apple is a good stock and it will grow due to iPhone 12 super-cycle that is the first truly 5G iPhone. 5G is bound to be a huge success and you are sure to make money on Apple stock. But investing in Unites Airlines or Delta Airlines is a better bet. My suggestion is that instead of investing in one airline, why not invest in JET ETF that invests in multiple airlines for you. So this ETF is a better bet and brings you diversification in airlines sector. Also my advice is to invest in good mutual funds or good ETF like SPY. Some good mutual funds that I myself invest in are PRDGX of T Rowe Price. PRDGX is T Row dividend growth fund. So, if you invest in PRDGX or SPY you will gain provided you invest for the long term. Do not sell them if you gain a little like 5 percent and do not sell them when they go down like 5 or 10 percent. Eventually they will go up and if your time horizon is five years or more, you will gain. Remember stock investing is for the long term. From time to time you may rebalance your portfolio but when a good stock goes down, do not sell it. Stay away from speculative stocks. Stay with strong companies like Apple, Microsoft, Google, Amazon. Also stay away from companies s like Occidental Petroleum that is saddled with debt. Also stay away from companies like Citigroup that got bailed out during the financial crisis of 2008. For any stock, mutual found or ETF look ate their performance over the past ten or twenty years and see how they have done. If they have done badly, stay away from them. My final advice is to invest in well diversified mutual fund or ETF like PRDGX and SPY. Avoid individual stocks, no matter how sexy they seem. Invest in mutual fund or ETF that is broadly diversified across sectors and across industries. In my next video I will talk about how to make money using options on your stocks that are still down from your cost basis.