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stock market

Found out that my old scottrade account, now TD Ameritrade, was still open. I had $616.41 sitting in it.

I swore off stock trading when my shares of AMD plummeted and KIDBQ went bankrupt.

I thought about just getting the money back and putting it in my credit union where I can get 2% return on a CD, but figured hell... I put that money in the stock market, why not keep the gambling alive? I bought 3 shares of the NASDAQ index fund QQQ for 175.94 each. My goal is to forget about it for five years.

I would still warn any 25 year old that it is not a good idea to move a bunch of money into stock trading just to feel grown up.

I didn't do that bad. I put in $1500, had some winners and losers, at one point decided I hated it and asked for an $800 check back. So I should have $700 remaining. I do not - I officially lost $84 in this venture.

Unless you consider that if I'd put the $1500 in the 2% credit union CDs when I was 25, I'd have $2000 now.

eh what's money right? You can't take it with you.

Comments

( 1 comment — Leave a comment )
siglinde99
Jun. 16th, 2019 03:06 am (UTC)

M’y son played hotshot trader for a bit. It didn’t go well and I’m glad he has grown some sense, at last.

( 1 comment — Leave a comment )

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