Posted on 03/12/2020 6:52:16 AM PDT by Bellflower
This economic downturn can become a windfall for wise investors. Are any freepers thinking about, or have already bought stocks that they believe are great investments? Let's take advantage of this downturn while we can. I knew a lady that sold her house to buy stocks during the great depression and became very rich doing so. Let's help each other out with wise investment advice. While others panic we Conservatives can prosper. Even if things get worse and stocks fall, they are likely to rebound greatly. If everything ultimately tanks, which is unlikely, its all a mute point anyway.
BP! Go big, you won’t regret it.
I have dividends auto invested.I just bought more of everything in my portfolio that pays dividends.bargain basement prices
I made a joke last night that someone didn’t get. Magpul!
PSX dividend is up to 6.5%.
Clorox. Purell. Kimberly Clark.
Whatever is ‘down’.........................Buy Low , sell High...................
Cruise lines, airlines, health sector, paper products, Clorox, Johnson & Johnson, Petroleum sector, beverage sector [beer, wine, liquor, soft drinks], hotels and restaurants...........................
OXY is over 30%. Beat that.
My P&G stock is pretty cheap right now.
ETFs: XLE (energy), XLK (tech), SPY (S&P 500), NOBL (dividend aristocrats)
Stocks: BRK.B, AAPL , COST, VZ, DIS, MSFT
OXY just cut their quarterly dividend from .79 to .11
Not yet, it can't (and I say this as a perpetually optimistic investor).
We will have to see how this shakes out economically and we are a very long way from that.
If China is withholding supplies (virus drugs, drug components, and related supplies) as punishment for international treatment of Huawei, if Russia and Saudi are conspiring to kill the U.S. fracking industry (instead of wrestling over prices), if the greatest impact on U.S. business is yet to come...we might be a great distance from the bottom of this market slide.
And when the market slides, people get scared and they stop spending. And when consumers stop spending, other previously unrelated industries begin to suffer. And so on, and so on.
Though I am a long term investor, I also make money trading call options. There is a rule: a market bottom (in a deep slide) is hard to ID.
This is not the time to invest.
Tomorrow may be entirely different. Some pharma might announce an effective vaccine...the virus might not be able to withstand warmer weather. Who knows.
But as of right now...sit tight.
OKE. Very fundamentally sound natural gas company. Deep reserves. Gone from $67 per share to $30 per share. Now paying 8.5% dividend.
We are buying today 15k of Raytheon down almost $100 from it’s high and 10k of Disney.
When tis is all over people will want to travel again and the world always needs Tomahawks.
HERE’S WHAT I’M THINKING:
I AM THOROUGHLY DISGUSTED WITH AMERICAN INVESTORS.
WHEN THIS IS OVER I SHALL NEVER...NEVER INVEST IN THE STOCK MARKET AGAIN.
WHAT ARE THEY THINKING?????????????????????
We could see several more weeks of sharp downs and not-as-sharp ups, followed by months or even years of sideways. There is no rush to "invest", except in precious metals - including lead.
Hit your Rest Button. Pause. Breathe.
There are no emotions in investing. Seek opportunities and hold strong to your convictions of reality. I wish I could buy shares, but I am holding out for a short while to let the bottom hit and then I will pull the trigger and make my retirement fund grow.
Relax....
HERE’S WHAT I’M THINKING:
I AM THOROUGHLY DISGUSTED WITH AMERICAN INVESTORS.
WHEN THIS IS OVER I SHALL NEVER...NEVER INVEST IN THE STOCK MARKET AGAIN.
WHAT ARE THEY THINKING?????????????????????
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