RE: Sectors to invest in 202110 Feb 2021 20:54
Try and look at how complicated the investment is rather than what sector.
For instance a pharmaceutical company may have phased trials. Like current Immupharma phase 3 trials may take 3 years.
On the other hand COPL (oil) is known for doubling and retracing as the CEO knows how to play the market. That happens every 6 to 8 weeks or it did last year.
Always remember that contrary to popular belief, investing is not always about being right, it is more so about timing. Try and figure how long your money will be tied up for. If it is 3 years like Imm, then it is not worth it IMO. Imm is definitely about investors being proved right. Meanwhile other investors are popping money in and out of many investments and making money work harder. Or of course losing the lot!
Just my thoughts...