Advertisement
Anonymous
Should I buy and hold cyclical stocks?
I am a buy and hold investor. Managed to snap up Financial US ETFs at discount prices during covid. I have other ETFs in other areas like growth which i plan to buy and hold until i retire 23 years from now.
But how should i adopt same approach for Financial cyclicals? Adam khoo mentioned that cyclicals are something you want to buy when it dips and sell when it peaks (dips and peaks across decade kinda thing).
3
Discussion (3)
Learn how to style your text
Reply
Save
What adam say is true to maximise gain. Because 1cycle maybe half a year to 1 year. Waste time.
If the stocks just cycle in a range and not trending up and no dividend.
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
StashAway
4.7
1297 Reviews
StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)
Cash Management
INSTRUMENTS
None
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
3.5%
EXPECTED ANNUAL RETURN
Mobile App
PLATFORMS
Endowus
4.7
662 Reviews
AutoWealth
4.7
223 Reviews
Related Posts
Advertisement
Yes, that's the very reason cyclical stocks are called cyclical. The underlying business move more in sync with the economical cycle compared to other sectors. They tend to take longer to recover which gives u more time to invest in them but also longer to see them rise.
They tend to get hit hard and the businesses may face a lot of uncertainties during recessions because they are cyclical by nature.
It's up to you what approach you use but cyclical stocks can stay down a lot, if you are ok holding on to them then by all means