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Shares purchased as pandemic arrived and what happened to them ?

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Richard1212
Richard1212 Posts: 493 Forumite
Fifth Anniversary 100 Posts Name Dropper
edited 16 August 2023 at 1:16PM in Savings & investments
I'm interested to know if anyone bought shares with a view to a rise because of the pandemic and all the restrictions associated with it.

 I increased my Ocado and Amazon shares from the many I have held for 10 years or so. My portfolio manager then suggested other supermarkets that deliver ; and buying Netflix for those who would binge on films during pandemic; as well as finance, outsourcing, real estate and pharmaceuticals ( though I have successfully had a great many AZ shares for many years)----and I duly agreed to him adding some examples within each of those sectors to my portfolio ( except real estate , as I have owned and rented out a number of properties for years and do not include their income in my shares' portfolio). My Wealth Manager joined in and suggested Microsoft Corp, with a view to a large numbers of people likely to work from home----and mainly due to Microsoft Cloud Computing Platform----and I bought 200 shares at about $90.

With the pandemic's special link with share prices now largely gone, I look back at what happened to my shares since 2019 to present week in 2023. They all "worked" pretty well but some turned out to be short-term only. For example, as pandemic ended , Netflix fell and I pulled out with a modest loss. The rest did pretty well and most of them have been retained, though I cut out Tesco, Waitrose and Asda shares, whilst maintaining my abiding loyalty to Ocado which has been good for me since it was first floated years ago.

But the jewel in the crown was most definitely Microsoft Corp, where my original investment of $19,500 now stands around $67,000 for the same 200 original shares. 

I wonder if anyone has similar experiences to share, investors who broke the "rule" of buying shares for long-term gain and, instead, looked for a few years' investment just for the duration of the pandemic ? Who won, who lost ? And how many companies' shares have you kept post-pandemic as they turned out to be more than a short-term punt. Thx.  
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Comments

  • someone writings dont make sense as another person has pointed out, you can buy Asda or Waitrose shares
  • i meant you can't buy either of those companies!
  • ispookie666
    ispookie666 Posts: 1,194 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    @boingy lol
    “Don't raise your voice, improve your argument." - Desmond Tutu

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  • jimjames
    jimjames Posts: 18,662 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 9 August 2023 at 8:27AM
    wmb194 said:
    I'm interested to know if anyone bought shares with a view to a rise because of the pandemic and all the restrictions associated with it.

     I increased my Ocado and Amazon shares from the many I have held for 10 years or so. My portfolio manager then suggested other supermarkets that deliver ; and buying Netflix for those who would binge on films during pandemic; as well as finance, outsourcing, real estate and pharmaceuticals ( though I have successfully had a great many AZ shares for many years)----and I duly agreed to him adding some examples within each of those sectors to my portfolio ( except real estate , as I have owned and rented out a number of properties for years and do not include their income in my shares' portfolio). My Wealth Manager joined in and suggested Microsoft Corp, with a view to a large numbers of people likely to work from home----and mainly due to Microsoft Cloud Computing Platform----and I bought 200 shares at about $90.

    With the pandemic's special link with share prices now largely gone, I look back at what happened to my shares since 2019 to present week in 2023. They all "worked" pretty well but some turned out to be short-term only. For example, as pandemic ended , Netflix fell and I pulled out with a modest loss. The rest did pretty well and most of them have been retained, though I cut out Tesco, Waitrose and Asda shares, whilst maintaining my abiding loyalty to Ocado which has been good for me since it was first floated years ago.

    But the jewel in the crown was most definitely Microsoft Corp, where my original investment of $19,500 now stands around $67,000 for the same 200 original shares. 

    I wonder if anyone has similar experiences to share, investors who broke the "rule" of buying shares for long-term gain and, instead, looked for a few years' investment just for the duration of the pandemic ? Who won, who lost ? And how many companies' shares have you kept post-pandemic as they turned out to be more than a short-term punt. Thx.  
    Waitrose and Asda? I'd be interested to know how you managed that.
    Probably sums up the accuracy of the rest of the stuff he writes but interesting to have it now proven beyond doubt!
    Remember the saying: if it looks too good to be true it almost certainly is.
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