UPDATE! My $59,000 Coronavirus Stock Market Experiment Inspired by Warren Buffett

FINAL UPDATE August 4, 2020: +$27,210.46

I made my initial stock purchase on March 27, 2020 at the start of the Coronavirus pandemic. The experiment was a great SUCCESS! You can see the stocks that I purchased and see how the value fluctuated through the 4 months of the experiment.

  • Purchase Price (March 24, 2020): $59,010.14
  • Final Value (August 4, 2020): $86,220.60
  • Total Gain: +$27,210.46

Written by Nevan Hooker on March 24, 2020

In 2008, I jumped into the stock market for the first time with $5,000 in April.  When the crash happened a few months later, the value of my stocks had gone down to less than $2,000 and I sold my stocks and walked away $3,000+ poorer.  In hindsight, I should have never sold.  I should have followed Warren Buffett’s advice and bought as many stocks as I could during that season.  I was too young, dumb, and broke to do or know any different.

So, here we are 12 years later in March of 2020.  The unthinkable has happened.  The stock market crashed. I have been financially and emotionally preparing for this since I learned my lessons in 2008.  I am going to follow Warren Buffet’s advice, and buy stocks right now while they are low.  The two unknowns right now are how the coronavirus will play out and where the real bottom is for the market.

This is an experiment.  This isn’t about getting rich…none of us are promised tomorrow.  The only true wealth in life is family and friends, so hold them close.  This is about experimenting, following Buffet’s advice, committing to doing something counterintuitive, and seeing what happens in real life with real trackable results.

I spent $59,010.14 this week on 18 different stocks list below. 

Stocks Purchased For My Coronavirus Stock Market Experiment

  • General Electric (GE) – 433 shares purchased at $6.68 per share
  • JP Morgan (JPM) – 30 shares purchased at $81.30 per share
  • Microsoft (MSFT) – 25 shares purchased at $159.12 per share
  • Resmed (RMD) – 12 shares purchased at $167.19 per share
  • Facebook (FB) – 16 shares purchased at $154.96 per share
  • Mastercard (MA) – 10 shares purchased at $230.64 per share
  • Pennymac (PFSI) – 255 shares purchased at $19.44 per share
  • Visa (V) – 16 shares purchased at $152.21 per share
  • Hillenbrand (HI) – 149 shares purchased at $16.75 per share
  • Chevron (CVX) – 39 shares purchased at $63.60 per share
  • Google (GOOGL) – 1 share purchased at $1,109.19
  • Disney (DIS) – 25 shares purchased at $96.78 per share
  • Exxon Mobil (XOM) – 150 shares purchased at $33.01 per share
  • Amazon (AMZN) – 6 shares purchased at $1,774.80 per share
  • Southwest Airlines (LUV) – 112 shares purchased at $35.40 per share
  • Starbucks (SBUX) – 39 shares purchased at $63.51 per share
  • Norwegian Cruise (NCLH) – 190 shares purchased at $13.09 per share
  • Royal Caribbean (RCL) – 73 shares purchased at $33.88 per share

Total Purchase Price for All Stocks: $59,010.14

Tracking The Value of My Stocks:

Starting Value, March 24, 2020: $59,010.14

March 27, 2020 Value: $62,472.06 (+3,461.92)

April 3, 2020 Value: $58,235.59 (-774.55)

April 10, 2020 Value: $68,179.47 (+$9,169.33)

April 17, 2020 Value: $69,940.76 (+$10,930.62)

April 24, 2020 Value: $68,775.06 (+9,764.92)

May 1, 2020 Value: $70,209.25 (+$11,199.11)

May 10, 2020 Value: $73,303.07 (+$14,292.93)

May 26, 2020 Value: $77,340.28 (+$18,330.14)

FINAL VALUE – August 4, 2020 Value: $86,220.60 (+$27,210.46)

*I’m NOT a financial advisor or stock broker. This article is NOT financial advice. I’m NOT recommending you buy these stocks. This was a simple real life experiment about following Warren Buffett’s advice of buying low and selling high and tracking the results, for educational purposes only.

2 thoughts on “UPDATE! My $59,000 Coronavirus Stock Market Experiment Inspired by Warren Buffett

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s