moe money

So back in the summer/fall of '08 when the stock market started to tank not even the company I work for was immune. I watched as it dropped from an average of between 18 and 19 dollars to around $5.50. me being the future thinking person that I am knew it would rebound hard relatively quickly, I took out a loan from my 401k and invested it in some stock in my company. I'm not going to go into all the details but I just sold some of it for a nice sum of 10,000 dollars and just got the check in the mail this morning. Off to the bank I go. $$$ :yay:

Comments

[quote name='flameiguana' post='3484899' date='Feb 28 2011, 12:48 PM']moe money moe hoes?[/quote]

And when you lose that money, suddenly your hoe is no moe


Anyways, smart. I don't see why more people don't buy stock. They're a great way to invest money and get some cash. Even if it's just a little profit, it's better than nothing. Gotta start small, then build up. You just have to take the time to study what are your best options and how much you can afford.
 
Ha! I thought about just blowing a good bit of it but instead I did the mature thing and stuck 9,000 of it in my sons college savings. I'm not sure what I'm going to blow the rest on but I stuck it in my checking account. I still have a good bit in my companies stock also. I'll probably cash the rest of that out here soon.
 

Blog entry information

Author
431unknown
Views
277
Comments
8
Last update

More entries in Personal Blogs

  • 4: Reddit
    Finally, number 4! Never thought this day would come, did you? Uhh...
  • books
    1. I am cool as hell, have one million dollars 2. I am banned from...
  • Syncthing is fun!
    Having been kinda active in an Android forum I quickly got sick about...
  • Feeling at home here
    Not much to say this time. I'm depressed. Like almost always. Trying to...
  • I'll start, rate mine 1-10
    It's a very mixed bag, some rock, some rap, some video game music, a...

More entries from 431unknown

Share this entry

General chit-chat
Help Users
  • No one is chatting at the moment.
    BakerMan @ BakerMan: fuckin heavy storm over here