We are going on a Carnival Cruise in September. Yes, I am excited and looking so forward to it after not leaving my home for months. It will be a vacation that will be epic just based on that mere fact.
But you may be asking what my family’s Carnival Cruise has to do with the title of this post and how I made $200 in 48-hours?
Well, it’s because I bought Carnival Stock 2 days ago.
Why did I buy Carnival Stock?
Let me explain. In the process of searching for cruise deals and extra ways to save on a Carnival Cruise, I came across the fact that if you own 100 shares of stock in Carnival, you get on-board perks as a cruiser (in my case, just this one cruise, I will get $100 to spend on board- I’m going to the spa!).
So I thought about it and began researching Carnival Stocks. I am not anywhere close to a gambler and I have dabbled in investing in the stock market in small amounts here and there and have come out ahead over time, but it’s not an area that I have a ton of experience or expertise yet. It primarily started with Bitcoin a few years ago. I bought a small amount low, it shot up SUPER high and then dropped again. It’s slightly ahead of where I started, but we are taking a low investment, so it’s not much to write home about.
But I have invested in penny stocks when an extra $10, $50 or even $100 is laying around. In my portfolio, I am ahead.
I normally invest in a bull market, but the BEAR market NOW is GREAT!
However, I have invested in a bull market when things were stable and I invest small amounts in MANY things and diversify and take the recommended stocks my investing apps suggest because I am cautious and safe. I really haven’t singled out a company or stock and sought that out directly, except for bitcoin a few years back.
My apps have been right on where to invest my penny stocks as it steadily and slowly grows in that bull market (which is why I love the apps that hold your hand).
But I did something I do against my nature. Invest in a bear market, singling out a specific company’s stock – reading little to no articles about “what to invest in right now” in companies that have taken a major dip and see what happens.
I will tell you, I have invested more in the past 3 months than I do over a few year time period. Again, I prefer to put my money in the bank or a CD and let it grow in hopes of investing in real estate, which is typically far less of a gamble.
But I have pulled it elsewhere to invest extra now.
Instead of sharing my entire portfolio with you, I want to isolate my best performing stocks RIGHT NOW.
For me, that is Carnival Cruise Lines (CCL). I needed 100 shares to get the shareholder perks as a passenger, so I started with 100 shares. I waited too long though as I was hesitant and it was $11ish when I first researched it a couple of weeks ago. But I wanted to watch it for a week. It shot up to $15 and I decided to jump in.
I attempted to invest $1500 in Carnival using limit orders, but it kept climbing. After three days of raising my limit order by $0.50 each day, I went $1 above and bought at $16.60 finally. I was kicking myself for not just purchasing in the $11 range the week before (it dropped all the way down to $7.80 in March when shutdowns happened…but I can’t dwell on that because it was too volatile for my comfort, not knowing what was going to happen).
However, my $1600 purchase went through and in 48-hours, it grew by $2 per share. So I have effectively earned $200 on a single stock in 48-hours. Considering Carnival’s stocks were stably in the $50’s before this pandemic, I feel very confident that this cruise line will make it through this pandemic (and have since read articles that Carnival is likely the safest of all cruise lines to make it through) and in 2 years, my stocks will be much higher and a GREAT place to hold for a while.
It may be small-fry overall, but it’s also a HUGE opportunity for many!
In the world of stocks and investors, I realize this is small-fry and this is still minimal investment for the pros at only $1600, but for a middle-class, frugal mom of 6 kids that is not a gambler, this is great for me! In fact, Alex, who has a bigger portfolio than me overall has decided to invest in 100 shares in Carnival TODAY (as we speak or as I write actually) so he can grow faster and get his carnival benefits too (guess it will be a couple’s trip to the spa with our free onboard credits!)!
BEST places to invest in NOW
I have since read articles that Cruise Lines and Airlines are a very good place to invest in right now. VERY GOOD. Even hotel chains. Anything with travel will be likely a GREAT option if they were stable before this, they likely will bounce back. Sure, some will be better than others and this is where some research needs to come in to decide because the face of travel will change from the impact of COVID-19, but it will come back.
I believe it will take about 18-24 months for Carnival’s stock to get back to pre-COVID growth, and for me, that means thousands in returns on my initial $1600 investment. Carnival also is projected to have the lowest impact on the cruise line industry, making it the likely the most stable in a bear market.
I anticipate that we will see mergers and acquisitions within the travel industry. So buying the top dog is likely the best choice.
With that in mind and my story thus far of a $200 return in 48-hours on just ONE of my stocks, I wanted to share what my kids have done since March. Remember the article we posted towards the beginning of the shutdown regarding financial moves to make during the pandemic? Investing was one. Our kids did just that.
What our kids did in March!
Now my kids, with kids being kids, have been a little more aggressive since the pandemic has hit. They tested the waters first and well kids are less afraid than adults, right?!? I have 6 kids. They all invested in March several hundred dollars each in airlines and Tesla. We allowed them to pull the money out of their savings accounts and decide where to invest in the bear market. Two of my kids did research and advised the other kids.
Every.single.one of them has nearly doubled their money in a few months. I have been watching their accounts. Each kid invested in a different airline so they can compare who’s is doing better.
United is doing very well.
Delta is doing very well.
Southwest is doing very well.
Oh….and Tesla has remained pretty stable through this pandemic, but when successful SpaceX launch happened a few days ago, Tesla’s stock also launched in growth as part of the Musk family empire.
What I am doing next!
These three have been the best. I am personally going to invest much more in the travel industry after I get done sharing this with you today (maybe more Carnival, but also in airlines and hotel chains). Sure, I could have nearly doubled my money if I started in March, but I anticipate that investing now is still massively better than nothing and the fruits of that to show in not only a few days, but become even more profitable in the coming weeks, months and years.
This bear market will likely turn around soon. Become a penny investor and immediately download the Robinhood app, claim your free stock(around $5 value) to invest and then put in $10, $50, $100, $1,000 or more and take advantage of this now.
How to take advantage of this Bear Market TODAY and Profit TOMORROW
We have recommended a number of apps in the past. But the app we have grown to love using and had much more experience with during this pandemic is Robinhood. There are additional benefits to also downloading the other apps listed in this article, but we are going to encourage you to use Robinhood for this purposes. We will walk you through how to maximize your savings and steps. First, Robinhood does not charge any fees to buy! So let’s get you started.
(Alex just downloaded Robinhood on his phone today and went through this again. I did it a year ago.)
Grab a FREE $5 Stock with this Promotion!
- Download Robinhood app with THIS LINK as it will give you a FREE stock!
- You will need to link up your bank account to be able to make a purchase. You can transfer any amount, but if it’s over $1,000, only the first $1,000 will be available to use TODAY. You can transfer any amount to buy, even $10. Just do something to take advantage of this!
- We recommend popular travel brands. You can search for any company’s stock and see their history. The ones that took a huge dip and are on the upswing right now are likely going to be profitable in a short amount of time and much more profitable in 18-24 months. You can invest in anything, I am just telling you what we have personally experienced as a family in the past few months.
- If you want to have more than $1,000 available today to invest, when you download the Robinhood App, you will see that they have a paid membership for $5 per month. But there is a 30-day trial. If you start this trial, you can have up to $5,000 available today to invest and then you can cancel at any time.