Tuesday, October 28, 2008

Time to get greedy

The stock market is being battered and there are lots of deals to be had out there. I was visiting my parents over the weekend and told my dad I was going to toss $500 in a Scott Trade account and roll the dice with a long shot on Ford and another stock or two that was hurt but will certainly come back.

His response, I'll give you another $500, put a bunch on EXXI for me and if it pay off we'll go to Vegas in a couple years. Sweet, gotta love my dad's thinking. :)

So today I put funds into the account and tomorrow I begin trading.

Energy companies, car companies and car rental companies are all getting beaten up right now. I think half will be spent on long shots and the other half will go on depressed but stable stocks.

Wish me luck, I'm either going to do really well over the next couple years or I'm tossing a really nice wheelset away. :)

1 comment:

JLC said...

I wish I had some money to invest I would be in there mixing it up with you and I agree ford is a good choice. They are going to make it out of this just fine and I said that 3 years ago.