The Investing Diaries - Feb. 26th 2020

Februrary 26th

The virus continues to spread as now the first of the case in a Latin American country has now been confirmed. China is looking worse and it looks like there may be a real chance that Europe gets hit pretty hard. The US is still working through precautions and it will be interesting to see what happens here.

Market has been relatively flat today, just finishing in the red by small margins. I added to my Royal Dutch Shell (RDS.B) holdings as they have gotten punished a bit and I believe it is somewhat overdone. The rest of the oil market is interesting to watch as well, just need to keep in mind those companies with outrageous debt, because if this turns into something real they could be in trouble.

Still sitting around 50% in cash as I wait for companies that I love to come into my price range.