How I made purchase Canadian oil stocks in March 27, 2020?

April 11, 2020

Introduction

I am a new baby investor on stock market, and I came back to invest on stock market after 10 year break, since  I panic sale on 15 years low in January 2009, time the market; I came back to invest starting from May 2019. Recently I made purchase Canadian oil stocks in March 27, 2020, and I like to follow up to write down my thought process, how I made decisions. Later on, I will review my thought process, and make myself better to make decision as a business woman, 53 years old, and very hard working, a learner.

Highlights of decision making

Here are highlights:

1. I plan to panic sell on March 16, market lowest point, and then I talked to my friend and removed my anxiety after two hour 30 minutes phone conversation; 
2. More on step 1, I took care of my emotions first; 
3. After March 16, 3 days market went up 20%; I was lucky to experience around $5,000 dollar gains as recovery;
4. I felt that I should spend some of my gain, so I decided to invest on oil stocks since those stocks still were not went up;
5. I remembered my reading about big stock market crash may be followed a 30% gain in less than 6 months;
6. I do not have too much time to study oil companies, less than two hours, so I decided to purchase more than one stock; I should not take too much risk, so I just purchased around $2000 on oil stocks, and $360 on Canada airline stocks. 
7. I do think that SPX will not have 30% gain in next 12 months, I should take some risk on individual stocks. 
8. I chose those stocks from top losers on March 12, my research on big crash. 
9. I like to hold 20 stocks, Canadian biggest companies. 
10. I like to invest Canada economy. It is my first time to purchase Canadian stocks after I immigrated near 10 years. 

I am so naive as an investor on stock market, and I like to learn. It is better for me to write down my thought process. Later on if  I lose money, I understand myself and understand my decision process. 

God bless USA and Canada. 

My purchase

Here is the blog I wrote about my purchase after one week.
Here is the blog to document my purchase of distressed oil stocks, March 27 2020.

Jstock performance

I spent over 10 minutes to setup portfolio on my mobile using Jstock.

Actionable Items

I like to review my blog after 3 months, six months, and one year later. I learn that the investment is so stressful, and I take some risk. Mental  health is so important as an investor, so it is better for me to monitor my emotions, my thought process and I like to keep myself as a long term investor.

I chose to be a passive investor, but in less than 12 months, I found the opportunity and came out this investment idea, I became an active investor.


April 30, 2020

I had to slow down and really think about why oil stocks go up more than 60% before coronavirus can be curable. People are so optimistic and then look forward to get back to normal. I have to ask myself seriously, what if I can invest more on March 27, 2020. Why I only invest $2,000 dollars, why not $20,000 dollars. What are those worries in my head at that day?

May 10, 2020

I became so optimistic, so I plan to purchase $10,000 dollar Canada oil stocks. Here is the post.

I need to evaluate the risk and learn importance of risk management.