Did You Jump in the Market?
Back in March during the height of the pandemic the stock market went sideways. Actually it went down. Way down.
To many, that might have been a frightening moment. Watching your savings evaporate overnight is not an easy thing to do – and it is the reason many people never take the plunge into investing in the first place.
However, if you didn’t sweat the drop and had some cash to invest, you would have done quite well for yourself. Here’s a look at the three mani market indexes to date:
You can see based on the graph above that all three indexes (Nasdaq = Purple), (Dow = Light blue), (S&P = Dark Blue) have been on a nice run up since the March crash.
Update on My Stock Picks
In mid-March I posted my wish list of stocks to buy during the market crash. Here’s an update on how they have done.
BlackRock Inc.
March 2020 Price: $384
Today’s Price (Sept 10, 2020): $557
GAIN: +45%
Booking Holdings Inc.
March 2020 Price: $1,207
Today’s Price (Sept 10, 2020): $1,891
GAIN: +57%
The Walt Disney Company
March 2020 Price: $81
Today’s Price (Sept 10, 2020): $135
GAIN: +67%
Amazon Inc.
March 2020 Price: $1,766
Today’s Price (Sept 10, 2020): $3,335
GAIN: +89%
KKR & Co. Inc
March 2020 Price: $18
Today’s Price (Sept 10, 2020): $35
GAIN: +92%
Not to shabby at at!! Those are some sweet gains for 5 months. And that is considering the 5%-7% drop we experienced last week / early this week.
Want more great STOCK PICKS?
October 1, 2020 I’m launching my monthly stock picks newsletter. You will receive 3 of my personal picks every month!
You can also receive access to my personal stock portfolio to take a look at every stock or ETF I own. I’ll also send out alerts when I buy or sell shares.
Get 50% off a 1 Year Subscription!
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