I think my plan was to invest little by little each week like Hooked has mentioned. Learning the the levels on how stocks rise and fall and when is the best entry point etc.
I’ve also wish listed Disney as I think it could be one to watch if and when it dips. Do we reckon it will dip or will it rise because of the above topics on subs. new films, streams etc?
Dollar cost averaging is a good idea to consider, you’ll avoid massively overpaying if the price fluctuates.
We can’t advise on buying or selling stocks but here’s a few things to consider:
This is the highest price Disney has ever been
Lots of Disney’s revenue is tied to it’s parks, cruises and theatres which are heavily impacted by the virus
Disney+ growth although impressive wont be free additional revenue, it’s going to come at some cost to traditional monetisation of Disney content
On the positive side:
Disney+ looks like it’s going to have extremely aggressive growth now they are committed to producing content for it
Once vaccines are out there is going to be a lot of deferred demand for parks
Disney has accumulated a huge amount of IP and now has a diverse range of content, including Fox and sports
The next thing to start reading would be Disney’s investor / earnings reports, you can start to get an idea of where they make money and what some of the risks are.
The markets can stay irrational longer than we can stay solvent (is a good quote).
It’s best to look further out with individual shares. If you see Disney being a Goliath in 2025/2030 and pumping out family dreams and being popular and relevant then the price today is desirable.
There is always a time and a place to buy into individual companies, if the momentum and brand is there and it’s poised to continue being relevant, has great cash flow etc… then it’s not a bad shout.
@Jonny You’re so right! I was expecting to get trolled or shutdown instantly but im actually really shocked at how amazing this forum is responding! From my current experience and I’m guessing most people starting its very daunting setting up, not getting scared, trial and error etc.
So far, really happy with the input everyone has given so thanks! If I ask questions feel free to tell me too chill haha!