 Wow. What's up, money gigs? Mr. V here, welcome to another video, guys. So in today's video, I wanted to talk about cruise lines. So just before we get started, guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So cruise lines, I do have, just here on the board here, I do have three cruise companies that I currently own in my portfolios for transparency. So I'm going to talk based on these three companies. So if you own other cruise lines, that is absolutely okay, but I'm talking based on what I have. So this past week, the cruise companies have actually put out or volunteer and say that they're not going to sell until September 15th. So a lot of people are panicking and start selling your cruise line stock. So the question is, should you sell, should you buy or should you hold cruise lines? I personally have RSEL, like I said, I have CCL and NCLH. And my entry price was, I think my RSEL was under $35 when I bought it and now it's currently trading at 52 bucks. My CCL was under $10 when I bought it and it's now trading at $17. My NCLH is now $17, but I think I bought it around $10 or so. And so when I look at that perspective, I do have some gains in the cruise lines and I don't think that this is news that's gonna get them so bad to the point where we can go back and say in March of this year. We're not gonna see that kind of an entry point, but if you did not have cruise lines in your portfolio and you were looking to get in there, you thought that it's bad or it was starting to squeeze up already, this would be a good time because for instance, NCLH last, I think last week, early last week, they were trading at close to about $25. So this news came out and guess, they dropped to $17. So you can dollar cost, average yourself into the stock again. So at $17, that's not a bad place to start because if you look at your 52 week high, if you were ever to go back to that point, you would more than double that $17. So, but again, you go in at $17, looking, seeing if it drops again, you buy. If it starts to squeeze back up, you add to your position. So don't just go take care. Let's say $1,000 for example, and just dump it at $17. Try to manage the money, say $200, $300, or $500, $500. And so you can dollar cost, average yourself into the stock. So again, the news here is that cruise lines are volunteer that they're not gonna sale until September 15. And so I personally, for now, I'm holding my position. But if I see it starts to squeeze back a little bit to the point where I feel uncomfortable. So if I see, let's say the NCLH squeezed out. If it starts to drop, if I see a rejection down to say $15 and then the news continues, I might have to sell and then wait if it drops or buy back just so I don't lose out on everything. Because I know I've actually done another video here where I told you guys what I was gonna do with my airlines, my cruise and my oil and gas. Those three sectors, I told you guys what I was gonna do with them once the market bounced back. So these guys had no exception from that rule. So again, if you didn't have cruise lines in your portfolio, maybe this will be a good opportunity for you to get in. If you do have them and you bought them at a very bottom back in March when the market really crashed, you can look at maybe taking some profit out and then maybe hopefully buy if it keeps dipping. Otherwise just hold it. Again, if you're buying for the longterm, so it would depend on your investment goal. If you are, let's say a longterm investor, there's no need, all you have to do is just add to your position as it drops. Just keep adding. If you are a swing trader, sell, sell, sell. Sell and then buy low again. That's the way a swing trader would do it. And then, I mean for people that don't have any positions, this is a good time for you to get in because the price is dropped. Like I said, early last week this was $25 and now it's $17. And we saw it like two or three weeks ago how fast these things can move. So if you are not in, if you buy right now under some good news, so we can basis off of, let's say NCLH, which has enough money to keep them afloat for at least 18 months without selling, which is good. So that's why I really like this one because it's solid. Their numbers are really good. They have enough money to keep them afloat. That means like not even selling for 18 months, they would still be okay, which is great. So that's kind of the things you wanna see in a company. So I really like them. So of these three, if you would ask my personal opinion, which one you wanna buy, I would probably choose NCLH just because the fact that their numbers are really good, they have enough cash in hand that can sustain them for 18 months without selling. We know that they're gonna sell in September, like I said, but again, who knows? Maybe come September, they're gonna wanna push that date even out further. So again, that was my personal take. Like I said, I have these three companies in my portfolio. I'm gonna hang on to them for now. I don't intend to sell, but if I see them start going down a little bit more, I'll sell and then buy because I don't want, I don't intend to hold them for a very, very long time. I would rather put them in other blue chip stocks that I enjoy. So question of the day. What do you think about cruise lines? Do you think they are very risky or do you think, hey, Mr. V, this is sort of like a cash machine. I'm jumping in, I'm buying. So let me know in the comment section. And as always, guys, if you haven't already subscribed to YouTube channel, go ahead and hit that subscribe button and any notification bell and share this video with somebody that you think that would find it useful. And as always, stay motivated.