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Originally Posted by pornguy
Yes Plug is a good one. And its going to continue to grow.
People that are calling this a bubble are looking at the fast in and out and High High profit quickly.
The point I am making is for instance the cruise industry. Its a fair and long term investment that you can make some money in. Its going to have its ups and downs. But an industry with these numbers does not normally slip quietly away.
"6 billion in total economic impact and 1 million jobs paying $41 billion in wages and salaries were generated by the global cruise industry in 2016.• Demand for cruising increased 20.5% in the last five years. • The cruise industry is the fastest-growing category in the leisure travel market"
With the race for electric cars etc. There is money there as well. But don't think of buy and dump think long term with dividend that can fuel your retirement.
I also buy into mutual funds. But right now my stocks have returned more than 24.2% where the funds have only done 22%
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Not that optimistic on cruises as you are - this whole Corona thing might be a game changer and there are also large environmental challenges for that industry. From zero emission to being shut out of cities like Venice or Norwegian fjordes...
Will also see how many shipyards survive this, pretty much all new orders are on hold.