Now May Be the Best Time to Invest in the Airline Industry

I am a grown man, but I am not afraid to tell you that I am terrified.

Probably just like the rest of the world right now.

The COVID-19 pandemic slowly engulfing the world is shutting down almost every area of industry.

Major sports seasons have been suspended or canceled. The retail and service industries have ground to a halt causing the layoffs and firings of millions.

It seems like we live in a time when social distancing and wide-eyed panic seems to have become the new normal.

However, I have been spending years studying investment strategies.

I am no expert. But every investment expert once spent their first day as an investor in the distant past.

I know that investing wisely involves research and looking for the right opportunity, the right industry, and the right stocks to invest in.

One of the golden rules of investing is to buy low and sell high when the right market conditions and investment opportunities present themselves.

The COVID-19 pandemic should not be taken lightly. I am not suggesting otherwise.

But one thing I know about investment is that you must find the right stock at the right opportunity to virtually ensure appreciable future ROI. It’s all about research and logic.

So, I’ve decided that I am going to try to invest in the airline industry sometime within the next year or so.

invest in the airline industry

Some finance experts project that the global airline industry could become bankrupt by the end of May 2020 without financial bailout assistance.

Times of Fear and Opportunity

I hope I don’t sound ghoulish or opportunistic.

However, investment is all about recognizing and seizing the opportunity for future financial gain.

I am currently on lockdown. My food supplies may last 2 months, but I need to top up on some items every week or so and go outside.

A terrifying prospect.

And, saving money has never been so important to me now as before, which is a sad thing to say.

If there’s anything I worry about more than COVID-19, it’s having enough money in my pocket for the rest of this year.

Also, I sincerely regret I didn’t try to initiate my personal business plans or invest more seriously before COVID-19 took the world’s attention.

I am quite aware that no one wants to get on an airplane right now. However, this fear won’t last forever.

The airline industry may lose $252 billion this year if estimates hold. Still, unless society collapses, people will get on airplanes again. Eventually.

I recently read a business article where a tourism industry expert said that it might take 3 to 5 years before the travel industry gets back to pre-COVID-19 profit levels.

Times of fear are also times of opportunity. This is the opportunity to learn new vocational skills or learn to telecommute.

So, I think this is the prime moment to invest in the airline industry. Tourism stocks are low now, and appreciable ROI could manifest 3 to 5 years from now.

This is something I plan to do within the next year, hopefully.

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