One month ago I started an investing experiment and during this time market has been very volatile, but overall just going up. So how is my portfolio performing so far?
I just wondered if taking away the profits from carnival might be a good idea... I will start personally to travel again in 3 weeks, to an airbnb in Spain, but nobody will book a cruise in 2020, maybe more cause of hating the idea of being imprisioned on the ship than because of fear of the virus... this share's curve might be a W-type...
Not everyone wants to stay away from "death ships", in case of Carnival it seems that both company + their customers want to go on cruises already after couple of months:
Interesting, so I was wrong. People want to travel, also on cruising ships. The big question is if they'll be allowed to. That's very good news for these shares anyway.
I just wondered if taking away the profits from carnival might be a good idea... I will start personally to travel again in 3 weeks, to an airbnb in Spain, but nobody will book a cruise in 2020, maybe more cause of hating the idea of being imprisioned on the ship than because of fear of the virus... this share's curve might be a W-type...
Not everyone wants to stay away from "death ships", in case of Carnival it seems that both company + their customers want to go on cruises already after couple of months:
August 2020 bookings are up 200% over August 2019 bookings—back when no one had any worries about being stuck on “death ships.” https://www.fastcompany.com/90503385/what-pandemic-carnival-cruise-bookings-soar-600-for-august-trips
While many lines, including its British subsidiaries P&O and Cunard, have said they will pause operations until at least the autumn, Carnival hopes some business will resume from late summer, with $475m banked in bookings for 2020 sailings. https://www.theguardian.com/business/2020/jun/18/carnival-sell-cruise-ships-bookings-coronavirus-pandemic-holiday
Interesting, so I was wrong. People want to travel, also on cruising ships. The big question is if they'll be allowed to. That's very good news for these shares anyway.