March Stock Market Thoughts

Let’s try to forget February and look forward to March. There is a lot of negative news right now that for sure is affecting the stock market. With the Now the Coronavirus situation. There is so much news about the Coronavirus everywhere.

Again, this month Airline Stocks are taking a hit due to the Coronavirus with all the canceled flights to China for the next few months by many of the main airline carriers. We have a trip booked to Alaska in June and asked if we can get a refund and they said “No Refund available”. Bummer, I hope we can still go on the cruise.

February felt was another roller coaster or a dive off a cliff into the lake for me. Isn’t that what the stock market is like anyway. LOL The Stock Market ended up down over January bigtime. Darlene and myself stay on the roller coaster ride for the long run. Talking with guys at golf league a few days ago they all were positive about the stock market and staying in also.  

When it comes to our Stock Market monthly thoughts, I like to read a lot of information from many different sources. I have narrowed down my readings to trusted advisors. You can get confused and lost if you try listening to everyone out there. There is a lot of noise for sure. This blog is in no way giving you any financial advice or legal advice or health advise. You need to see a professional for that. That is my disclaimer for all my blogs and this one also.

Some of the sources we like to read info from Fidelity Investments, Charles Schwab, Bob Brinker Report, Zach’s, Fisher Investments, American Association of Individual Investors (aaii), The Independent Advisor for Vanguard, My brother, A few friends and my Dad. Below are my January Stock Market thoughts and where we are invested;

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March Crystal Ball thoughts (LOL) from some sources are;

I like reading the Brinker Report and aaii.com the most. I feel good reading a lot of information but I still believe in riding out the roller coaster for our situation. There is a wide range of choices and it seems like more companies are getting into the Robo Advisers game. I feel this is the future and I can see us going this route with some of our Investments someday.

Zacks Investment Management E-mail sent to me on 2/29/20 said “Market Volatility as Coronavirus Spreads – For weeks, the equity markets seemed to shrug off the possibility of a negative impact from a spreading coronavirus. But the tone changed this week, as the S&P 500 posted sharp declines early in the week as confirmed cases grew sharply across the world – particularly in developed economies like South Korea, Japan, Italy, and even here in the US. While equities sold off sharply, the yield on the 10-year US Treasury fell to a record low and oil prices dropped below $50 a barrel – all signs of growing investor concern over demand and economic growth in the coming months and quarters. In our view, volatility is likely to persist as investor attention is decisively shifted away from fundamentals (revenues and earnings) and towards the unknown (headlines). In short, we believe the fear of the coronavirus as a global pandemic is arguably greater, for now, than the actual economic impact it is likely to have. While we do not mean to downplay the seriousness of the outbreak, history suggests that the impact to growth and market performance – and the grip that the outbreak holds on global psychology and confidence – will be temporary, in our view.1”

The Wall Street Journal, February 26, 2020. https://go.steadyinvestor.com/e/279272/f-in-global-stocks-11582689248/dsmnk/626783714?h=I2XgQF6qlMkgWvRzFrSnb48KSRIBDtjARQzo8dkxtac

I sure hope this is a temporary thing and the markets bounce back. It is no fun when the market seems to be sliding downward everyday and in some big numbers.

There will be months and years down and months and years up. I still feel the long run will be positive and we will have a comfortable retirement in Arizona.  I just hope it is the normal rollercoaster of the stock market and nothing more. I try my best to check my accounts once a month so I don’t drive my nerves crazy by daily ups and downs. Another reason I like Dividend stocks.

The news is still talking about how they are trying to impeach Trump but yet the stock market is still doing good. Hope this Impeachment talk ends soon. I don’t think we will ever see Fake News end. We may always hear some of the truth and some fake stuff in the news. Hopefully people won’t react and just leave the money in stocks. Remember stocks is a long-term vision for most. But I see a lot of volatility the next few years.

For sure it isn’t fun when stock values are down, but remember that the stock market in the past has been like a roller coaster of going up and down but over time it has gone up more than down. 

I look at all the people out driving cars, spending money, going to work and those are all good signs of a good economy. Not to mention down here in Arizona there is major growth of Office Buildings, Job openings and houses being built. That means to me a strong economy.

My stocks in my Brokerage Account are all dividend stocks and I am in it for the long run. I am hoping to live off the dividend in to my 70’s. Even though a Financial Adviser tried talking me out of taking Social Security till age 70, I am still planning on waiting till age 70. I have done up a new projection for our family plans taking us to age 95. If you want to see it let me know. What are your plans?

Dow Jones Industrial Average (DJIA) 25,409.36 on 3/1/20, 28,249.03 on 2/1/20, then was 26,122.19 on 3/4/19. It was down over a year ago and up 712.83 or 2.73% up over end of last year. Yea….  If you see the chart of the last 12 months it looks like a wild roller coaster ride.

I know there are many different sources of investment opinions out there. They all say they are the best. You can find some that say dooms day is coming and some say buy now the market is going high. Who knows, I like aaii, Bob Brinker, Fidelity, Charles Schwab, Angels and Entrepreneurs network and Zach’s for my blended info on the market. I feel if I take any more info in it can get even more confusing.

My kids I would love that they grow up debt free and invest in companies that seem safe and long term. If I could only go back in time and invest all my money I made as a kid into Microsoft. Another dream of mine. I could be living quite well just off the dividends.

At my age I am getting less risky and more into conserving our money to last us during our retirement years. It could be the wrong strategy but that is what we are doing currently. Things could always change in the future or once the boys move out.

People want to make more money each year so the companies need to make more money each year and to keep growing. So, I am positive for the outlook in United States companies. What are your thoughts?

Here is a positive quote I like; “Remind yourself daily that there is no way to happiness; rather, happiness is the way.” ― Wayne W. Dyer, Change Your Thoughts – Change Your Life: Living the Wisdom of the Tao

Don’t give up on your dreams; don’t let others talk you out of your dreams. Make your dreams happen. Make it happen today.

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