How’s your week going? I know there was so much talk about a recession coming but Covid19 seem to have sped up the process. According to the Washington Post, more than 26.5 million Americans filed for unemployment benefits so far which is a significant increase from the 15.3 million Americans who lost their jobs in the 2008 financial crisis.
As someone whose job and business has been affected by this Pandemic, it sucks. People might be a little fearful or uncertain about their jobs and finances which is normal, but I encourage you to have an attitude of gratitude and focus the good things in your life and not the bad. I believe that in times like this, something great emerges and there are lessons to learn to better prepare us. Also remember that this season is not permanent and in times like this, we should maximize our time to reflect, research, learn, connect, plan, pivot, create and rebuild.
One of the things we are learning this season is the importance of having multiple streams of income. I’m not a financial advisor, but I’m a woman who is passionate about sharing my experience and resources to help other people. One thing I wish someone told me was to start saving and investing once I started making money in my teens, no matter how small it was. But the good thing is that it’s never too late to start saving and investing.
Below are 10 Stocks to watch. Again I’m not a financial adviser, analyst or consultant. I encourage you to definitely do your own research and make your own decisions. But these are some of the stocks I’ve bought in the past that had high returns and are currently stable. This shows that these companies can most likely stand the test of time and another economic crisis and recession. When it comes to buying stocks, it can be a long term investment or short term which you have to decide on. Just like everything else in life, having a plan and a strategy based on your research findings and goals, improves your chances of succeeding.
- Amazon AMZN – In January 2015 the price was $312 for each stock so if you bought just then then (total $3,120), the value now April 2020 for $2,443 each would have been a total of $24,430.
- Netflix NFLX – In Jan 2015 Netflix was $50 so if you bought 100 stocks then (total $5,000) and sold now it now for $411 each, you’d make about $41,000.
- Tesla TSLA – In Jan 2015 Tesla was about $220 per stock so if you bought 25 stocks then (total $5,500), 5 years later in 2020 this stock would have been worth a total $22,925 Jan 2020 at $917 per stock or if you sold it now at $800 each it would be worth about $20,000.
- Home Depot HD – In Jan 2015 Home Depot stock was about $110 each so if you bought 100 stocks (total $11,000), the value right now April 2020 for $245 per stock would be $24,500.
- Ali Baba ADR – By the end of Jan 2015 stocks were about $85 each, so if you bought 100 stocks then (total $8,500) and sold them now for $220 each, you’d make about $22,000.
- Apple AAPL – Apple stocks has almost tripled in 5 years. If you bought 100 stocks in 2015 for $110 each (total $11,000), then value right now will be $31,000 since each stock is about $310.
- Facebook FB – As for Facebook, it’s gone from $75 each in 2015 to $220 now. So if you bought 100 stocks in 2015 (total $7,500), now it will be worth $22,000.
- Microsoft MSFT – Buying a stock a few years ago was about $46 each, so if you bought 100 stocks (total $4,600), they will be worth $17,700 for $177 each.
- Dollar General DG – Dollar General has gone from $70 to $175 each in ajust a few years. If you bought 100 stocks then (total $7,000) and sold now, it would be worth about $17,500.
- Zoom ZM – Zoom is benefiting alot now due to social distancing and alot of people working from home and schools being online. Their stocks have gone from $66 April 2019 to $158 this April 2020.
Do you notice what these companies have in common, besides stability and growth in a crisis? Are there other stocks you’ve seen that has such steady growth too or is so relevant, innovative and a pioneer in their industry? Kindly share your thoughts, feedback or questions below. I hope you liked this post which is different from what I’ve posted in the past, but moving forward I’ll be sharing more financial resources I use and lessons I’ve learned from my experience.
Have a productive day!