The “Travel” Stocks Continue to Rally
Strategic vs. Tactical Investing
There are two general methods of investing. You can use the “strategic” approach by buying a group of stocks and buying and holding them. I kiddingly call it the “buy and hope” method. Or you can invest tactically. And tactically means choosing individual sectors that are moving and then to weed-out the sectors that are not moving and that’s called tactical money management.
Travel Industry
So, I’m focusing right now, in this video on the travel industry. Now if you take a look at the airlines, you can buy stocks individually or you can buy them in a group. Now, we chose to use a group for the airline industry, and we chose to use individual stocks for the cruise ship industry. If you take a look at this chart behind me, this is a chart of an ETF, exchange traded fund, that owns airline stocks inside of it. You can see it’s over 7% which is amazing in one day. And so, the ETF owns stocks like Delta Airlines, United Airlines, and Southwest Airlines. But because we’re focusing on this individual sector, you can see that this brings significant dividends to our clients and our investment portfolios. So, I’m focusing right now, in this video on the travel industry. Anyway, I just wanted to talk about it. The travel theme continues to bring good growth in your investment portfolio. To watch the video: The “Travel” Stocks Continue to RallyDisclosures
Joe Cantu, chief investment officer of Cantu Tactical Wealth Management, is your host and has over 30 years of experience in the retirement money management profession. He is a West Point graduate with a master’s in business administration and has worked for three of the largest Wall Street firms as a stockbroker and portfolio manager. Over 10 years ago, he created Cantu Tactical Wealth Management, which actively balances and selects investments based on a tactical approach rather than the traditional strategic management method. Instead of the buy and hold philosophy, he believes in the pursuit of finding investments showing momentum performance regardless of the direction of the market. His experience includes IRA accounts, 401k rollovers, trusts, endowments, defined benefit plans, 403bs, and 401k plans. Additionally, he served as a night college instructor for seniors teaching high net worth retirement and estate planning for 14 years. Podcast views and personal opinions are for educational and entertainment purposes only and does not constitute a recommendation. Investing has risk of loss, and you should consult with your own advisors for any financial decisions. Cantu Tactical Wealth Management and Joe Cantu are a fiduciary firm and registered investment advisor in the states of California, Florida, Georgia, and Texas providing pure independent advice and money management.
