It’s been my dream for the past decade to actually buy stocks when literally everyone is fearful…like what Warren Buffet talks about.
In 2008, I jumped into the stock market for the first time with $5,000 in April. When the crash happened a few months later, the value of my stocks had gone down to less than $2,000 and I sold my stocks and walked away $3,000+ poorer. In hindsight, I should have never sold. I should have followed Warren Buffett’s advice and bought as many stocks as I could during that season. I was too young, dumb, and broke to do or know any different.
So, 12 years later in March of 2020 Corona happened. The stock market crashed. This was my chance for redemption and to do what I had always dreamed: to buy stocks when everyone is fearful like Warren Buffet always talks about.
This was an experiment. This wasn’t about getting rich…none of us are promised tomorrow. This is about experimenting, committing to doing something counterintuitive, and seeing what happens in real life with real trackable results.
I spent $59,010.14 on 18 different stocks list below.
Stocks Purchased For My Coronavirus Stock Market Experiment
- General Electric (GE) – 433 shares purchased at $6.68 per share
- JP Morgan (JPM) – 30 shares purchased at $81.30 per share
- Microsoft (MSFT) – 25 shares purchased at $159.12 per share
- Resmed (RMD) – 12 shares purchased at $167.19 per share
- Facebook (FB) – 16 shares purchased at $154.96 per share
- Mastercard (MA) – 10 shares purchased at $230.64 per share
- Pennymac (PFSI) – 255 shares purchased at $19.44 per share
- Visa (V) – 16 shares purchased at $152.21 per share
- Hillenbrand (HI) – 149 shares purchased at $16.75 per share
- Chevron (CVX) – 39 shares purchased at $63.60 per share
- Google (GOOGL) – 1 share purchased at $1,109.19
- Disney (DIS) – 25 shares purchased at $96.78 per share
- Exxon Mobil (XOM) – 150 shares purchased at $33.01 per share
- Amazon (AMZN) – 6 shares purchased at $1,774.80 per share
- Southwest Airlines (LUV) – 112 shares purchased at $35.40 per share
- Starbucks (SBUX) – 39 shares purchased at $63.51 per share
- Norwegian Cruise (NCLH) – 190 shares purchased at $13.09 per share
- Royal Caribbean (RCL) – 73 shares purchased at $33.88 per share
Total Purchase Price for All Stocks: $59,010.14
Tracking The Value of My Stocks:
Starting Value, March 24, 2020: $59,010.14
March 27, 2020 Value: $62,472.06 (+3,461.92)
April 3, 2020 Value: $58,235.59 (-774.55)
April 10, 2020 Value: $68,179.47 (+$9,169.33)
April 17, 2020 Value: $69,940.76 (+$10,930.62)
April 24, 2020 Value: $68,775.06 (+9,764.92)
May 1, 2020 Value: $70,209.25 (+$11,199.11)
May 10, 2020 Value: $73,303.07 (+$14,292.93)
May 26, 2020 Value: $77,340.28 (+$18,330.14)
FINAL VALUE – August 4, 2020 Value: $86,220.60 (+$27,210.46)
I made my initial stock purchase on March 27, 2020 at the start of the Coronavirus pandemic. The experiment was a great SUCCESS! You can see the stocks that I purchased and see how the value fluctuated through the 4 months of the experiment.
- Purchase Price (March 24, 2020): $59,010.14
- Final Value (August 4, 2020): $86,220.60
- Total Gain: +$27,210.46
I learned a big lesson. Always buy low and sell high. Buy when others are fearful. NEVER sell when everyone is fearful. That’s how you’ll lose all your money.
I found a fear and greed index. I look at it every week to determine if I should buy or sell stocks.
*I’m NOT a financial advisor or stock broker. This article is NOT financial advice. I’m NOT recommending you buy these stocks. This was a simple real life experiment about following Warren Buffett’s advice of buying low and selling high and tracking the results, for educational purposes only. I hope this was helpful to see.