Why you should be buying now!!!

COVID 19 has done some serious damage to the world economy and has caused huge loses in investment markets.   While this can be scary to a lot of people to me I see opportunity.  Investing for me is a long game and I am not in this to make a quick buck, so when the markets drop that means you have more buying power.

As COVID 19 has shut down most of the country it has caused major financial loses for a lot of companies and those loses have translated big drops in stock values.  A good example of this is Disney.  As you can from the graphic below Disney's stock is down just over 28% of the last 3 months.

What does that mean to you?  Disney will bounce back from this drop so you have an opportunity to buy a stock that was trading at around $150 a share just 3 months ago.  So buying now gets you a deep discount with a lot of upside when the price goes back up you are seeing positive value from the stock price, but you will also be able to receive dividend payments that can be reinvested.

A lot of stocks have a very similar trend and this means there is a lot of value to be had.  Of course most people don't have a lot of disposable income that they can just dump into the stock market, so while this is a good time to buy never over extend yourself and spend more than you can afford.  Again this should be a long game and you buy what you can when you can regardless of what the market is doing.

I have not bought any Disney stock myself but have been watching this stock and with news that Disney parks may not open until 2021.  This could drive the price down even more.

Here are some of the stocks that I have bought recently to add to my portfolio and they do currently also pay dividends which will help me to generate passive income that I can then reinvest to increase my portfolio holdings:

Bank of America:


AT&T:


Sirius XM:



So if you are looking to do some investing and you don't currently have a brokerage account here are a couple of choices that offer free stocks for signing up:


Robinhood offers commission free trades and will give you a free stock valued at between $2 and $250 just for signing up.  You can also earn more free stocks when you refer other users.  Robinhood offers basic research capabilities and is working to bring fractional share purchasing to users in the near future.  This is a really good application for beginners with it's simple UI and ease of use.

Sign up for Robinhood

WeBull is another brokerage that offers commission free trading.  WeBull also offers new accounts a free stock valued at between $2.50 and $250 dollars.  They also will give you a second free stock when you make a qualifying initial deposit of $100 the second free stock will have a value between $12 and $1400.

Sign up for WeBull

Feel free to comment and share this if it was helpful.  You can also leave a comment or recommendation on topics you would like to see me cover.  

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