Where to invest now the coronavirus has hit the markets

mark13

Drip feeding means you are in the market and have the reassurance of cash as well. If you invested all of your 400k a few days ago you wold most likely be  10% down ( £40K) . Don't rush, and good luck  with the IFA.  The markets do go up and down so its part of the cycle. 

ttmatt

Cheers mark13, i'm going hold off for now, leave it in the bank to gain a ridiculously low interest and then will probably have a dabble once everything has settled down a bit

afis1904

Invest in mirrors. Just buy a whole house full of mirrors

MarkCarnage

This company is starting trials in a vaccine for Coronavirus if you feel lucky!

NASDAQ: GILD

Risky though.

Do you feel lucky, punk? Well, do you?? 

ttmatt

lol, well i've been quite lucky thus far when dealing with my moolah hence the wad i want to invest, so maybe its time to play it safe rather than twisting ... 

kinger101

MarkCarnage said:

This company is starting trials in a vaccine for Coronavirus if you feel lucky!

NASDAQ: GILD

Risky though.

Do you feel lucky, punk? Well, do you?? 

To be fair, Gilead already has a number of products in the market, is profitable, and has a number of other candidates in pipeline.  If one was included to buy shares, they're not backing just the one vaccine.  Phase III trials have a decent success rate (ca. 58% to NDA, then ca. 85% of those reaching market).  But there's also the risk Covid-19 fizzles out before the vaccine is ready, or a competitor has a superior product.  Or the virus mutates such that the virus no longer provides protection.

If I wanted to buy Gilead, I'd weigh up it's fundamentals as a mature pharmaceutical company.  Covid and the vaccine are only a small part of the companies future.  And largely already priced in given the press release was 26 Feb.

BrockStoker

kinger101 said:

MarkCarnage said:

This company is starting trials in a vaccine for Coronavirus if you feel lucky!

NASDAQ: GILD

Risky though.

Do you feel lucky, punk? Well, do you?? 

To be fair, Gilead already has a number of products in the market, is profitable, and has a number of other candidates in pipeline.  If one was included to buy shares, they're not backing just the one vaccine.  Phase III trials have a decent success rate (ca. 58% to NDA, then ca. 85% of those reaching market).  But there's also the risk Covid-19 fizzles out before the vaccine is ready, or a competitor has a superior product.  Or the virus mutates such that the virus no longer provides protection.

If I wanted to buy Gilead, I'd weigh up it's fundamentals as a mature pharmaceutical company.  Covid and the vaccine are only a small part of the companies future.  And largely already priced in given the press release was 26 Feb.

I'd agree with most of that.

My view is that covid-19 is being likely being blown out of proportion and markets have already over reacted, but it probably won't stop them from overreacting some more. I think we will have to wait a little longer to know for sure. Either way I don't think there is much point trying to ride the "covid-19 wave" as there is better value in other stocks that have been needlessly beaten down by covid-19.

Personally I prefer other stocks such as Moderna and Cerus (if we are talking covid-19 stocks), both of which I currently hold, although they are more speculative stocks. I would argue both are under priced, and not because of their potential input into the fight against covid-19, but because of their disruptive tech.

Moderna for example is developing treatments from a completely different angle to the vast majority of biotechs, using it's own propitiatory platform. It was able to design and manufacture a tailor made covid-19 candidate vaccine in just 42 days after having been sent the genetic code of the covid-19, where as it usually takes many months if not years. That's impressive to say the least. If covid-19 mutates, Moderna could get right on it's heels once again, and close in much faster than any other biotech.

While Moderna's treatments are as yet in early testing, results so far are very encouraging, and if any do eventually gain approval, the share price could move up very aggressively, since one approval essentially validates their tech.

Here is a list of "covid-19" stocks, and I hold 3 (since just before any covid-19 news broke) in my 17 stock portfolio, but it's just too risky to pick which will win from covid-19, so most should stay away from them IMO. I'd certainly steer clear of the stocks that have gone up a lot.

https://finance.yahoo.com/news/18-medical-stocks-watch-amid-202500253.html

Very speculative, but I like (and have been buying more of) AGEN. I wouldn't throw any money at it (or any other biotech stock) that I could not afford to loose though.

BrockStoker

Further commentary:

https://www.fool.com/investing/2020/03/01/2-biotech-stocks-winning-the-coronavirus-race.aspx

DiggerUK

ttmatt, Let me say from the off that you will be as well served with an FA, as you would with an IFA. They are both bound by the same  rules on conduct.
The allegory to guide you here is to figure out the advantage between a supermarket selling ten varieties of baked beans and another selling every brand known. There is none.

I have no reason to believe you can't do your own investing and save a lot of money.

I have been advocating gold since I first arrived here eleven years ago and I have been proved correct in its value and safety. I have even declared myself to be MSE's 'self appointed' expert on gold.
If you buy UK legal tender coinage they are tax free. No VAT going in, and no CGT or Income Tax liabilities when you sell.It would be best to average in with your purchases to iron out volatility in price and only consider funds you won't need for at least 5, preferably 10 years.

This will give you the bare facts on gold..._

dunstonh

ttmatt, Let me say from the off that you will be as well served with an FA, as you would with an IFA. They are both bound by the same  rules on conduct.
Correct.
The allegory to guide you here is to figure out the advantage between a supermarket selling ten varieties of baked beans and another selling every brand known. There is none.
Not quite. 
Most FAs are single provider tied.  So, they will be selling one variety of baked bean.
Those that are multi-tied tend to be selling a handful of varieties but often not the type that you would want but are on sale for reasons that have nothing to do with quality.
The other issue is not just beans.  It would mean buying the same brand for every item of shopping.   Is there a manufacturer that has good options for every single thing you buy?  No.   The same applies to investments.

I have been advocating gold since I first arrived here eleven years ago and I have been proved correct in its value and safety.
No you haven't
1 - gold does not provide an income.  So only has an asset price
2 - the asset price today is less than its peak 9 years ago.  That is not proof of safety or value.

I have even declared myself to be MSE's 'self appointed' expert on gold.
Experts know what they are talking about.   You do not.