Should you be buying Stocks during the Pandemic?

“I am no one you should be taking Stock or Financial advice from, I have no real background in this and it is my personal opinion and experience. So now that is out of the way lets begin.”

I have been listening to people on Twitter, YouTube, Facebook, LinkedIn on why you should or should not be investing in the Stock market. Also a few talking about prepping, buying Bitcoin, buying Gold for the upcoming future.

Yes this is a good time to buy stocks if you have the extra money, are willing to wait it out for a good return. you do not need the cash in a few months, and cannot actually afford to lose it all.

I started using Robinhood and WeBull for stock trading about a month ago as I was looking to get into individual stocks for some time now. I have owned one share of TMUS for several years as I was given it when signing up for T-Mobile. Have been looking at several stocks where I frequent the the companies, and overall like them as a company.

So this is just some of the stocks I decided to purchase while the market was really down. Most have gone up to above where I have purchased them, and some have dropped back down due to speculations (mostly my airlines). They all have a dividend, even though a couple have postponed their dividends for now until they get back to a stable place.

TICKER COMPANY QTY PRICE
DAL Delta Air Lines, Inc. 40 $29.12
AAL American Airlines Group Inc. 25 $11.83
DIS The Walt Disney Company 9 $94.66
KO The Coca-Cola Company 10 $41.33
LTM LATAM Airlines Group S.A. 7 $2.64
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 34 $28.30
SIG Signet Jewelers Limited 3 $5.84
F Ford Motor Company 10 $4.90
XOM Exxon Mobil Corporation 9 $34.40
SAN+ Banco Santander, S.A. 1 $2.20
RDS-A Royal Dutch Shell plc 4 $35.00
MMM 3M Company 5 $130.00
Prices are my Average Costs per share SIG and SAN were free stocks I received from the platforms I am using. Used to have GME but already sold it for a little gain. Plus I did not think the company will do well long term.
I am down a little this week on my Robinhood account, but long term I will do good. Was taken on 04/02/2020

I am a little up this week on Webull account. was taken on 04/02/2020

I guess that I am lucky to have cash available to put into this, and am not in need of the money any time soon. Have seen some that are taking all their savings to invest in hopes they get a big payoff. Have heard some that had to sell at a loss or just a little up, which is never a good thing.

Long term I know I will make decent money, even if its just the little off the Dividends that most of these companies will pay out. Some have stomped their dividends due to current situation. My biggest return may be off the EFT I had picked up as it does monthly dividends, and already paid me $2.83 on 18 of the share I had purchased and I currently have 34 now. So I am guessing I will get $5.35 each month, along with whatever my other stocks will be paying out either quarterly or bi-annually.

My recommendation is to find a stock for a company that you like, has been around long term, and do a little research on their overall profitability.