Saturday, February 25, 2012


So now at age 53 I've finally began doing something I wanted to my entire life, Dabble in the Stock Market.  I have been enrolled in my company's 457 Plan (Federal Tax Deferred investment), but I have never, until now, actually bought and sold stock on my own.   I began doing this with ING Direct's ShareBuilder.  I put some of my 2012 Income Tax return funds into this account, slowly building, and hoping to build, my portfolio.  So far I've chosen 3 different stocks.

I'll be the first to admit I don't know much about the stock market.  I still for the life of me cannot figure out what really makes a stock rise or fall except it has something to do with company performanc and sales.  Sometimes the Dow is down, but the individual stock still seems to rise and vice versa.  I have been doing more reading on the topic of stocks to see what I can learn.  I picked the 3 stocks I have so far invested in based upon the track record of them the past year and thus far this year.  (Any help from any reader is much appreciated).

Scary?  Yes!  But I figure the worse that will happen is I lose some money.  I still am not quite sure when I begin the sell off!  HaHa!

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