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-   -   Covid Stock Purchase Thread (http://forums.pelicanparts.com/showthread.php?t=1055884)

McLovin 03-24-2020 10:35 AM

Covid Stock Purchase Thread
 
I’m a real estate investor, not an huge stock fan, but I do own some.
I haven’t bought a stock in probably 5 years, the last was Apple.
That was documented in the multi year Apple thread here, which has been fun.
Anyways, I’m buying now.


I bought yesterday:

Home Depot $158
Coca Cola $38

Anyone else?

KFC911 03-24-2020 10:41 AM

Swanson's unsalted chicken stock....mebbe $3???

Loaded up with two of 'em!

masraum 03-24-2020 10:51 AM

low cost index funds. At this time with the market the way it is, you'd probably have to try hard to make a bad choice.

stealthn 03-24-2020 10:53 AM

Who makes vibrators?

McLovin 03-24-2020 10:57 AM

Quote:

Originally Posted by masraum (Post 10796832)
low cost index funds. At this time with the market the way it is, you'd probably have to try hard to make a bad choice.

Hopefully.
Like with real estate I only buy, never sell.

aigel 03-24-2020 11:02 AM

Is it time already? I predict we will go to <15k on the Dow.

If you do have money to invest it may be good to slowly start feeding it in for cost averaging.

I stayed put - no individual stocks outside of my retirement accounts. Have a youngster that is getting started and held it in cash for now. Smart move!

G

McLovin 03-24-2020 11:04 AM

Yes, I’ll ladder down.

KFC911 03-24-2020 11:15 AM

I blew my AAPL $ on pot....literally... ACB. Might get back in with index/etf. I'll let it bottom...

My individual bonds are getting hammered too :(

McLovin 03-24-2020 11:17 AM

Haha, pot stocks.
Were all the Bitcoins sold out? :)

KFC911 03-24-2020 11:18 AM

Quote:

Originally Posted by mclovin (Post 10796866)
haha, pot stocks.
Were all the bitcoins sold out? :)

lol...

93nav 03-24-2020 11:34 AM

I agree it is to early. <15k, as good a number as any.

Be interesting when the employment numbers, gpd, cpi start coming out. Or any of our leaders (Trump and his team, Cuomo, Newsom, etc) get the virus and die.

But hey, my yacht is a 14 ff aluminum fishing boat, that I have to borrow from my brother.


Quote:

Originally Posted by aigel (Post 10796844)
Is it time already? I predict we will go to <15k on the Dow.

If you do have money to invest it may be good to slowly start feeding it in for cost averaging.

I stayed put - no individual stocks outside of my retirement accounts. Have a youngster that is getting started and held it in cash for now. Smart move!

G


biosurfer1 03-24-2020 12:07 PM

BRK and O

sammyg2 03-24-2020 12:07 PM

Too early for me, I'll give up the first 15% ^ to be safe.

HardDrive 03-24-2020 12:16 PM

I also bought BRK.B

Fedex

Banks.

And of course.....disney.

Chocaholic 03-24-2020 01:14 PM

Bought GE yesterday at 6.10.

McLovin 03-24-2020 01:23 PM

Hopefully prices drop a little tomorrow on some profit taking.
I think I’ll do some Disney and Boeing and then sit for a while.

flatbutt 03-24-2020 02:29 PM

What trading service do you guys use?

Evans, Marv 03-24-2020 02:36 PM

I bought a decent chunk of the fund I have our IRA'a in on Friday, which is only available to investors that already own it - no institutional investors. I'll hang onto it long term and expect it to probably go up & down in the interim but make good advances when things settle down.

McLovin 03-24-2020 02:38 PM

Quote:

Originally Posted by flatbutt (Post 10797109)
What trading service do you guys use?

Schwab

Evans, Marv 03-24-2020 02:47 PM

When I buy, I just do it through the Vanguard site, but that's for funds.


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