Thread: Money Investing megathread extravaganza
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Old 10-06-2020, 03:07 AM   #6111
Hog's Gone Fishin Hog's Gone Fishin is online now
Fish are scared of me
 
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Join Date: Nov 2001
Quote:
Originally Posted by lewdog View Post
Any good long term buys right now?

I’ve been analyzing lots of stocks the past few days and nothing looks great for buy and hold.
I decided to get into the Electric vehicle market over the last 60 days. I believe over the next 20 years the Internal combustion engine will be obsolete. California has already mandated that by 2035 there will be no new car sales with ICE's. Therefore Ive bought:

TSLA
WKHS
SHLL which just became (HYLN) after the merger yesterday

And the charging station companies:

BLNK
SBE

I like HYLN's concept of thaking the drive train from an existing semi and replacing it with an electric system. It saves existing fleets tons of money over purchasing new Electric semi's

WKHS will blow up if it gets the USPS contract and I think Trump will unleash the funds for USPS before the election.

I'm holding these long term, at least 5 years and not going to worry about what happens between now and then.
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