$5k Investment NOW - Let's Beat the Covid Blues w/investment fun

Looking like people may not want to own stocks over this weekend. That’s been a common phenomenon in uncertain times like these.
Going to be interesting to see if the House gets the bill through before the close and if so, what impact it will have.
There very well may be some drama that delays the signing today, but it will get signed at some point.
If the bill doesn’t get signed before 4:00, it may be a good time to pick up that stock you wish you had bought Monday.
Lots of potential for up markets next week. Idea of backing down some of the shutdown in parts of the country, Italy turning a corner, faster test kits being shipped, more results of therapeutic treatments, etc..
We’re still in for more volatility, but they’re light years ahead of where they were with this thing a week or two ago.
 
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I want to start out by saying I am 75 years old, but still a novice investor. However, I believe the worst is yet to come as far as the virus and stocks are concerned. It would be nice if we could get the country working in a few weeks, but I have my doubts. If I'm right, the dow will bounce up and down depending on the news of the day, and the day traders taking their profits, but the overall trend will be down to what I believe will be about the dow at 10K. Therefore, rather than go long I am shorting stocks that have ticked up on some short term news. As an example, stocks such as cruise lines, airlines, etc. are in a downtrend. If they to higher on a short uptrend, I will short with a buy stop a point or so above the sell price. That will limit my loss if I'm wrong. If the stock continues to go down, I will short more and lower my sell stop.
I also like gold for the long run. Any turbulence in the world will send it higher. However, the gold ETF's with a high beta will give the most bang for the buck. Look at NUGT or JNUG for their recent swings. If they go back to their value of just a couple months ago, that will give a 500%+ return on investment.
Just a few humble thoughts from an old man.
 
I definitely don’t think right now is the time to buy. We have a very, very long road ahead and the bottom has yet to fall out of the market really. Maybe in June if things stabilize but I fully expect the market to tumble well below 15k before it’s done.

Of course ..just my opinion. I would be very happy as would my retirement savings, if I were wrong.
 
A lot depends on how long this chit goes on. All companies will be revising their forecasts for the rest of the year. The question remains whether that's baked into the current market. Probably not.
 
I sold the stuff in my “free” online account this morning.
Since opening it last week, I was up 50% overall.
I took out my initial $2000.00 investment and left the
$1,000.00 profit in there.
It’s invested, so I’ll see where it goes.
Playing with found money now.
Didn’t fool around with it too much today.
Weather is beautiful, so I took advantage of it and spent the afternoon unwrapping the boat and puttering around in the fresh air.
 
Very slightly green today in my real money account
 
Playing around with $250. Down $21 today.

Guys where was that website you can set up and trade with PLAY money?
 
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Playing around with $250. Down $21 today.

Guys where was that website you can set up and trade with PLAY money?
There are a few but I used TD Ameritrade thinkorswim paper trade. https://www.tdameritrade.com/tools-and-platforms/thinkorswim/features.page#!/pmregister

By default it has a 20 minute chart delay. If you are looking for long term trading it's fine. If you are looking at day trading then you can call them and ask them to set it to real time. It isn't 100% accurate as I have set sell orders and had them trigger when the price never actually touched my price but got real close. Not sure if you can do it on the paper trade account but on the real account you can share chart setups, etc. So if I have a good setup that you like I can send you a link that you download and it will set your charts the same as mine.
 
We bought Norwegian cruise lines, NCLH, at 10. We are holding it for the a longer term, not a quick sale. Quite possibly, they will never bounce back/or fail, but if they get back to half their high, they would be at 25-ish. If they can get back to the solid 40s they were trading for, that would be great.
 
We bought Norwegian cruise lines, NCLH, at 10. We are holding it for the a longer term, not a quick sale. Quite possibly, they will never bounce back/or fail, but if they get back to half their high, they would be at 25-ish. If they can get back to the solid 40s they were trading for, that would be great.
I hope they make it through this and all the other lines as well. I put a deposit on 4 more NCL cruises when we were on The Sun in Feburary.
 
We bought Norwegian cruise lines, NCLH, at 10. We are holding it for the a longer term, not a quick sale. Quite possibly, they will never bounce back/or fail, but if they get back to half their high, they would be at 25-ish. If they can get back to the solid 40s they were trading for, that would be great.
From my research Carnival has the most liquid assets and is in a better position then the others.
 
From my research Carnival has the most liquid assets and is in a better position then the others.
I can't imagine this virus pandemic ending quickly - like falling off a cliff. I would imagine it will slowly diminish until it's no longer a major threat - sort of like our current flu. If that is true, then all cruise lines would be in the middle between "I'm not going on a cruise because I can remember all those people stuck on a cruise ship, and I want to be safe" and on the other side "I just can't wait to go on a cruise so I can buy another cheap straw hat in the Caribbean."
 
We were thinking of an Alaska cruise next year but if prices are right and cruise lines are still in business after all this settles down we may move it up to early September of this year.
Our last cruise was on RC and it got back on 3/15. We were the last cruise before they went on hiatus.
We left on 3/8 and when we got back the whole world was upside down.
 
I wouldn’t get on a cruise on a good day. Neighbor and I where talking about avoiding planes. Sure we aren’t the only ones.
 
Sold all the stock I bought over the last week or so on Thursday (even though it was still going up during the day). Along with others, sold the HTZ (Hertz) for 8.13 (bought Mar20 @ 4.95, Mar 23 @6.60, and Mar 25@8.39). Thought I'd better get out since the stimulus bump had already happened, but the virus was ramping up big time. Tidy profit from HTZ alone, but glad I stepped out when I did. Will be watching for more opportunities in the coming weeks though.
 
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Neighbor and I where talking about avoiding planes. Sure we aren’t the only ones.

Flew in my "private jet" from Ft. Myers to Atlanta last night. Well, it was a 200 seat B757 with 1 other person with me in FC (18 open seats), 2 people in Economy Comfort (28 open seats) and 20 people in coach (130 open seats).
 
I can't imagine this virus pandemic ending quickly - like falling off a cliff. I would imagine it will slowly diminish until it's no longer a major threat - sort of like our current flu. If that is true, then all cruise lines would be in the middle between "I'm not going on a cruise because I can remember all those people stuck on a cruise ship, and I want to be safe" and on the other side "I just can't wait to go on a cruise so I can buy another cheap straw hat in the Caribbean."
Typically, I only buy stock in a company that I would buy their products personally, for example, Apple, and I bought Ford in 08 or 09, I like their vehicles. Cruises? I dislike them. NCLH has many smaller boats, and my daughters best friend from high school started dancing on one, so we drove to Miami and went on a short 3 day cruise. Had a blast, but only because instead of just hanging out, we were hanging out with the performers all 3 nights. However, I still dislike cruises in general, why go on a cruise when I have a freaking cruiser myself? I pay a lot of money to own maintain that boat. However, seems like regardless of viruses in the past that have infected ships, people still going back. Maybe this one will be different, but I’m betting the air of invincibility people have, especially after one survives COVID19, will be just as strong as ever. And the people that like cruises, will flock back eventually. Still, a big gamble.
 

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