Thursday, February 18, 2010
No Longer An Investing Virgin:
My foray into the stock market
(I apologize for the somewhat sensationalized title. It was inspired by this (unrelated) post at Budgets Are Sexy, which I can't seem to get out of my mind!)
natural aversion to risk held me back from investing in the stock market. But several things lined up recently as if to say it's now or never and so, with sweaty palms and a fluttering heart, I finally took the plunge!
What allowed me to risk my hard earned money: Well, I managed to save up some cash specifically for investing, and a company I was following did a stock split and their shares were now affordable to me. By the end of the day I had gained a whopping $4! Not bad for a newbie right? I know markets are fickle. But I'm in it for the long run so hopefully that was a good omen. Wish me luck!
In other good news, two of my posts were included in carnivals this week:
* SimplyForties hosting the 'Snowpocalypse Edition' of the Festival of Frugality featured some surreal pictures of the recent snowstorm that debilitated parts of the country and also my post on extending the life of clothes.
* Len Penzo hosting the 'Fiscally Irresponsible TV Characters Edition' of the Carnival of Personal Finance wondered how so many of our beloved characters got away with unrealistically expensive tastes and also had some advice for me on my recent post on 5 Obstacles to Financial Success.
Head on over to their sites and check out the great jobs they did compiling some compelling material. Thanks for including me in your carnivals Mary and Len!
image by Katrina Tulio