Do any of you invest in the stock market? The realm of finance has always intimidated me, and hubby too, to some extent. We are overly cautious wusses when it comes to investing and trying to grow our money.
Some events took place in hubby's family recently that caused me to take another look at stocks, and I decided to invest some "fake" money into a few that I was interested in. Just dabble a little to see what this is all about. I really like the yahoo finance tool for following investments. I can track daily ups and downs, as well as how I'm doing in each stock overall, and my portfolio collectively. You can look at charts and graphs for varying lengths of time, and put it against a graph of the market's performance for the same time frame. I also like that it pulls up headlines pertaining to companies and business sectors that you own stock in.
The fun part is that my portfolio is up 12% in the first month! My lowest performing stock is finally on the plus side as of yesterday, and a couple of my stocks are doing better than 20%. This is really addictive! And also really safe - ridiculously safe since I didn't actually make any money during this time, yet I could have made almost $700. Anyone have any advice for taking the plunge with *real* money?
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2 comments:
Wow, you did well!
Nope, I don't have any helpful info on doing it for real.
Thanks! Too bad it was all pretend, LOL! Something about the possibility of losing *real* money that makes me a bit apprehensive. ;P
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