Let Profits Rain!
- Ogechi Aguma
- Mar 13, 2020
- 2 min read
Updated: Sep 19, 2020
Market sell off! market sell off! everyone is screaming. All backed by factual sentiments due to the fear factor effect of Coronavirus. My previous posts on Taking Advantage of Coronavirus $ - Buy! is becoming a reality. The profits are raining in!
Just about a few days ago it was scary looking at your portfolio now the bulls are back in.
Markets closed with a rally upwards resulting from boost by world leader striving to stimulate the economy to growth.
The FAANG as famously known - Facebook up 8.57%, Apple up 10.68%, Amazon up 5.75%, Netflix 6.42% and Google (trading as Alphabet A & B) all up now 8.26%. Other Tech stock rally Intel closed 17.8% up, Nvidia Corp 10% up.
Have a peek into the 'rain of gold'. Check out the watch list below. See section %Change. Incredible rally. Although Coronavirus and oil war are still looming, 'Recovery' is pushing hard to break free .
When the markets open, it could be a different story. The fact still remains though, if you are investing for the long-term, getting Value Stocks at a discount/ on Sales is the key. You can never go wrong with a bargain. You can always take advantage of the dip and grow your portfolio on the rally profits. Simply put, buy cheap and hold for as long as possible.
Human live is of the essence. We would win against this virus. Lives lost are met with deepest condolences. Illnesses and sickness cause by virus are a constant battle. Victory is sure and time is major factor.
As we strategically battle Coronavirus with a golden trophy in view, lets cease every opportunity within this battle time to catch a bit of gold into our buckets for future sustenance.
"Opportunity is missed by most people because it is dressed in overalls and looks like work."
--Thomas Edison
The question is, do you see it?
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Recommended online Brokers
Hargreaves and Lansdown. Take a look at their fees.
Degiro - Especially for those living in Europe for examples Portugal. Take a look at their fees.
Bamboo App - Especially for those in Africa.
Do your research.
Counsel
Always try to buy stocks when they are on SALES! (basically when there is a dip in the share price).
Drip feed your investments. Share prices vary day to day especially in times economic crisis, high volatility becomes a common theme. In the same vain, be watchful of purchasing fees.
Investopedia is a great website to help you with understanding almost any financial terms and definitions.
Disclaimer
Note: Shares and Investment Lifestyle website is only for information purposes. Please do your detailed research. Any investment decision taken will solely be your responsibility. You can get back more or less capital than you invest.
Today's Markets Sell-off on pre-market opening. Discounts are still on.