"Choosing trust over doubt gets me burned once in a while, but I'd rather be singed than hardened." -Victoria Monfort

Wednesday, September 19, 2012

Stalking Your Stocks...

I am so not a gambler. One time I went to the "game room" with my Mother (who is addicted and loses far more than she wins) and every time I was up, even a dollar, I cashed out, and put the money in my bra, until I turned my $20 into $60, and left her there to go buy new running shoes.

The stress of that day was more than I could handle, and I refuse to go back! Gambling to me is like burning money. Who burns money???

I'm even terrified of the 401k plan because it puts your money into the open market and gambles your future away. I can't handle it.

I happen to be very lucky that the company I work for allows us to buy stock in our company at a discount thru an outside company. Not only that, but it is a stock savings. So, at the end of 2 years, even if the stock plummets, you still at least get what you put into it, plus interest.

No risk= my kind of thing!! I like to play it safe!

It's time to cash in, and all I have been doing, is stalking my stock price. It goes up a dollar. It goes down a dollar. It goes up 50 cents, it goes down 75 cents. I am on the website roughly 50 times a day. So far, I'm looking at a significant rise since I bought in!!!

I'm trying to keep a level head.

But greed is the American way.....and I have big plans for that money!!!


Teena in Toronto said...

Welcome to my world! This is what I do for a living (explaining investments).

Fizzgig said...

i don't envy you! because i always want them to tell me what to do and they can only advise you....i want answers! lol