Before I start talking about this topic please be sure that you do your own research before buying any stock on the market. I am not a investing expert or a CPA. Please check out my investing into the stock channel Here: https://www.youtube.com/channel/UCKIXApIrXdvyajZvKV4VSHg
So investing in the stock market is great in all but how do I do it? Should I just invest into one sector or different ones? I can’t tell you what to invest in or what sectors of the market to invest in. But I know you heard the phase, don’t put all your eggs in one basket. When people hear that in a stock market context they think about maybe I shouldn’t put all of my money into one stock. But that same phase can be used also in the sectors as well. Yes should be investing into different companies and stocks but I think we should be looking at different sectors of the stock market.
When investing in the stock market should you specialize in one sector?
I can answer this in the way I invest in the stock market. For me, I invest in different sectors in the market cause each sector has different factors about them. Investing all of your money into hotels stocks may not be a idea since that market get hit hard with Covid-19. All of my hotel stock got hit hard and I had to sell off some shares. I also got hit hard with my gas and oil stocks as well since people started working from home and kids are online learning I keep my gas stocks. Sometimes it depends on the company that you invest in. Some companies make money in different ways so a big hit in one sector would be fine. Being a investor you must look at what’s ahead and what makes money. We look at a company and we must see how that make money. There is nothing wrong in specialize in one sector but as investors we must explore all things.
