A recession happens every so often and people like me take advantage of stuff at a low price. This is where stocks will should be lower than normal during this times. Right now as I write this post, the coronavirus is a big thing this is going on right now and it lower almost all stocks that I can see. This is the best tine in invest in the stock market and the prices are now and cheap. The price of gas is getting cheaper and cheaper now and the gas stock took a big hit. But you must keep in mind that the stock crash was due to the virus. So I do have a few stocks that I buy during a recession and I will tell you why. Please note that I am not a stock expert and a money expert, this what I did in the stock market so please use this blog as an idea and not the way to do things. DO YOUR OWN RESEARCH
First what stock should you buy? The way I like at a stock is what sector is getting hit the most? Right now the gas sector is getting hit from people staying home, kids are not In school and people are working from home. Well that’s gas not getting brought by people so the stock price has dropped.
Look at things that you use every day or things you buy all the time? Check on those prices and see how those stocks are doing. My top stock right now that I am looking at is called main street capital ticker symbol (MAIN) is one that I have been buying lately. Main street capital is an investment firm that provides long term debt to lower middle market companies. They have a big size portfolio of companies they loan to and their lower middle companies have revenues of $10 million and $150 million dollars. The 5 year graph shows a steady line for the past 5 years with no big dips in the stock price. To me that means that it’s solid for a long time. I also like that this company was started in 2007 and still going strong. I like older companies cause it shows that they been in business for a long time.
I also like the fact that they pay dividends every month. I like the steady cash flow every month and can be used to pay bills. They also have something else that people don’t know. Main street capital pays a supplement dividend twice a year. Right now it’s 0.24 cents per share but that might change in the future. So check out main street capitol as far as buying their but please do your own research. The brokerage I use to buy stocks is called robinhood and if you want to use them you can click here.
The next stock I like to but during a recession is called Realty Income. They are also called the monthly dividend company. They love paying a monthly dividend to their shareholders and they have paid over 6.4 billion in dividends and growing in. they have a 52 year track record of paying their shareholders pre month and they tend to increase their dividend over time. They invest in real estate with a portfolio over 6,400 commercial properties, so they rent to other business like Walgreens, Dollar General, FedEX, Dollar tree, LA fitness, AMC theaters, Walmart, Kroger, and Home Depot and many more.
Those business are not going out of business is in my opinion this stock which the ticker symbol is O is a good buy but again DO YOUR OWN RESEARCH. They pay a monthly dividend at the time of me writing this post of .24 cents. Their commitment is paying a monthly dividend, they have 596 consecutive monthly dividend paid, 106 dividend increases, 90 consecutive quarterly increases and a dividend growth of 210.7%.
Those are the two I like the most but these are so many out there to invest in so the best thing is to watch the market every day, have money ready to buy stocks and look at what people are not buying and but that think about what you are buying. Right now it’s 4/4/2020 and the coronavirus is spreading and people are staying home and working, Kids are out of school and business has shut down. Well a few stocks they got hit the hardest is gas companies since everyone is on lockdown. Gas companies would be a good buy and it’s cheap right now. The virus is not going to last forever and everything will go back to normal. DO YOU YOUR RESEACH and if you want to buy stocks with robinhood which you can click here.
