Disclaimer: the opinions expressed are for general informational purposes only and are not to be taken as financial advice
I have, by no means, any business writing a blogpost about investing, but here we go.
In March 2020, at the onset of the COVID19 pandemic, I started investing in the stock market. According to Wikipedia, the 2020 stock market crash, also referred to as the Coronavirus Crash and the Coronavirus Correction, was a major and sudden global stock market crash that began on Feb 20, 2020 and ended on April 7, 2020. Full disclosure, I am aware of my privilege in that I had a well established emergency fund and had retained my job throughout the pandemic in 2020, allowing me to start investing with little to no risk.
Now that I have been researching and investing for almost a year, I thought it was time to reflect on what I’ve learned. Also, I felt the need to name my investing strategy, because yes, I am an enneagram 4 and must identify myself to feel worthy and substantial.
I consider myself a personal pop culture investor. Let’s break this down:
For me, this means that I purchase stock as it directly relates to my life, career, field of work, purchasing habits, hobbies, etc. For example, my career and livelihood is physical therapy, thus I have purchased stock in U. S. Physical Therapy Inc. (USPH) and have seen 71.07% growth since my initial investment. Another example is Planet Fitness (PLNT), the fitness center I utilize (pre-pandemic of course); growth 37.77%. Also, Masimo Corp (MASI), a California based company that manufactures and sells pulse oximeters; growth 17.41%. Along the same lines I have also purchased Subaru stock, but it hasn’t done as well as the others mentioned.
These are investment purchases that I have been influenced to make through media, most notably Tik Tok, but also books and literature. This is just so hilarious to me because on whim I bought 50 shares of Aston Martin at $0.85/share, all because the book I was reading, Red, White, and Royal Blue, mentioned an Aston Martin vehicle. This completely random purchase has amassed me $67.85 and my stock with the most growth at 85.88%. My second best performing stock was a direct result of a Tik Tok video where the user recommended investing in clean and renewable energy sources, specifically mentioning Plug Power (PLUG). My 3 shares have generated $84.57 and 80.54% gain.
There you have it, the basics of my investment strategies where I let my personal affairs, Tik Tok, and popular books determine my personal portfolio. My dad is going to kill me.
Until next time, Meryn