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?

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

Loaded up with two of 'em!

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.

Who makes vibrators?

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

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

Yes, I’ll ladder down.

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 :(

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

lol...

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.

BRK and O

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

I also bought BRK.B

Fedex

Banks.

And of course.....disney.

Bought GE yesterday at 6.10.

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.

What trading service do you guys use?

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.

Schwab

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

E-trade. Cheap and easy.

Fidelity....can't get cheaper than free trades!

Wow, Boeing up 31% today.

I think this incredible sale may be over . . .

Possibly...or its the biggest dead cat bounce ever.

I had 5 stocks up 20% yesterday. There is a good chance that will never happen again in my life.

I just can’t see any reason the market is going to go down to 15. Or even back to 18. The cat was just panicked, not dead.

I tend to agree, but what the hell do I know.

Other than me getting back in? ....nah :D

I like it just fine where I am...out ;)

C’mon, we need you! :)

Dangit - there goes another keyboard - LOL! :D

angela

I feel the same as you, though.

I’m very cautious. I think it’s a super fine line between “fortune favors the brave,” and “a fool and his money are soon parted.”

Apparently something called Boeing Co.! :)
http://forums.pelicanparts.com/uploa...1585158782.jpg

UPRO or TQQQ on the way back up, if you can stomach it.

Use Schwab.

AFL, SO yesterday

Couldn't sit on my hands any longer, back in.
Spread out over funds based on S&P, and some blended funds that are a little more conservative. Not too aggressive, not too greedy.
Prolly early but sometimes you just gotta say what the heck.
Got out at 25k, back in at 22k, if it doesn't fall again I'm good.
Even if it does it'll eventually rebound, just take longer.

I'm still in but definitely worried...anyone see the giant spike in unemployment today?!?

The stock based portion of my retirement account is down about about 30% during this insanity, or about the total of the gains it made in the last year. Is that about what everybody else is seeing?

The majority of my retirement account is in Treasury bonds, so I'm not freaking out, but I'm not a skilled investor. I just put money in while I was working and plan on leaving it where it is until I need it.

Yes. And the market completely ignored it and broke more records going up today.

That tells me we’re seeing a lot of irrational exuberance.

I’ve changed my outlook from yesterday. I think we are going to see another significant drop.

I went in on Monday but have been sitting since. I’m not putting more in right now. Waiting and watching.

I always hesitate to make general market predictions, especially when they are saved on the interwebs forever! But, I'll make an exception here. Don't be fooled by the latest rally...stocks really aren't "that" cheap here historically and earnings are going to continue to deteriorate into Q2. Likely we're going to see several NYC style hotspots in the coming weeks with ICU units overwhelmed. Ignoring social distancing in the short term will only exacerbate this. The news in general is not going to be good the next 4-6 weeks, IMO. I would not at all be surprised to see 1800 SPX in the next month or 2. Hope I'm wrong....

I’m pretty rudimentary on this topic but I did yearly IRA contributions and started several new mutual funds on Wednesday. All long term outlook so I’m not bothered if we have some peaks and valleys over the coming weeks. I think our economy is going to catch fire once all the virus stuff passes, and I think you’ll see a huge (UGE!) government push to bring a number of manufacturing sectors back to the USA.