invest in the stock market
Helium is up; feathers are down; paper is stationery. 16 months ago

As with most things I knock off this list, this was completely impulsive, unpremeditated, and done just because I had the proverbial “bug up my butt” today.

Having a substantial chunk of change left over after paying bills this month (for the first time in two years) and finding myself defending a bold assertion about a particular new technology that I think is going to take off, it was suggested that I put my money where my mouth is. Always one to rise to a challenge, immediately after lunch, I opened an account at sharebuilder.com, transferred some money into it, and bought ten shares of stock in a company that I think has some interesting growth potential over the next 24 months. If I’m right, I’ll probably make enough money to buy the good, fresh steaks instead of the “throw out after today” ones. If I’m wrong, I’m only out what I would have spent on a couple of “date nights” with the wife. Either way, it’s probably a better investment than buying comic books or MP3’s, which is what I WOULD have spent it on.

... and assuming I don’t lose my shirt, I’ll invest a similar amount next month and try to build one of those “diversified portfolio” things that people keep telling me about.



Comments:

(This comment was deleted.)

Well..

Downside is, after two months, I’ve netted a whopping $2.40, but wasted HOURS following, researching, hedging, reading, etc.

It’s about as addictive as beer, a lot more trouble, and after commissions, not much cheaper. :)


 

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