Archive for the 'investing' Category

13 Aug

I just got my first payment from Lending Club

I’m pretty happy about it too. It wasn’t a lot of money because I only invested in 2 loans for $25 each but it’s still something. I read a lot of comments about Lending Club before I got involved with it but I was still pretty skeptical. I didn’t know if these people would take […]

14 Jul

I joined Lending Club last week

I got a referral from Lulu giving me $60 to start out with. I didn’t even have to transfer money in to get the bonus. All I had to do was confirm my bank and the money was deposited. I’ve already made 2 loans in $25 increments. My plan is to transfer $25 per month […]

01 Jul

I don’t even remotely understand day trading

I was reading through my spam comments and somebody was trying to get backlinks for Forex trading. Of course I deleted it as I do with all spam comments. Then I really stopped and thought about it. I don’t understand Forex trading or day trading in general. It’s kind of like hearing the term Mesothelioma. […]

22 Jan

I need to raise money to invest

I know that sounds silly but I don’t have the extra cash right now to invest in the stock market. There are some great bargains out there right now that I would love to get in on. The problem is that I only have a small amount of cash to invest every month. I know […]

14 Jan

My 2010 resolutions

I only have 5 short and sweet resolutions this year. I should make them all and they shouldn’t be that hard to keep.

Savings - $2700. Not a lot of money in the grand scheme of things but I don’t have any money in savings right now. This should be fairly easy to make.
Bills - $650 […]

28 Apr

I should have gone to the shareholders meeting

Today is the annual shareholders meeting for the company that I work for. I own shares in my 401k so I was eligible to go. When the invitations came out, I didn’t think to order one as I didn’t think I would be interested in going. Now that the day is here, I’m interested to […]

26 Mar

Jumping back into the stock market

Not doing a swan dive, but I’m going to tip-toe around the edge of the stock market. I’m going to start slowly reinvesting money to my stock accounts. I never stopped contributing to my 401k but I also don’t invest as much as I should be. My raise was really low this year so I […]

10 Mar

So much for increasing my 401k

I wasn’t expecting a big raise and I sure didn’t get one! It wasn’t a surprise though. I work in banking and they had already told us that the 2009 raises would be significantly lower than 2008. I wanted to increase my 401k by 1% this year but once I saw that my raise barely […]

11 Feb

The stock market is so volatile right now

I have some money to invest and I just don’t feel like now is the right time. Of course it’s not a lot of money but I still want the market to smooth out. I know that’s asking a lot but for the market to be down over 300 points one day and then rise […]

01 Jun

My investing style

I don’t know if you would actually call it a “style”. I just buy what feels right. I’ve made some dog picks and some great picks but who hasn’t.
Contrary to popular personal finance wisdom, I don’t like mutual funds. At all. I have them in an old IRA and of course my 401(k) because I […]

12 Apr

Personal finance shows

I used to watch these shows but now they just depress me. I don’t have as much as I *should* have. When you take into account my age and salary, I’m way behind the curve. I know I shouldn’t compare myself to other people because well life happens. Some things were beyond my control and […]

13 Feb

I need to deposit my dividend check

I have stock in several companies. 1 company I have send me the dividends instead of reinvesting them. I know conventional wisdom says to reinvest dividends but I don’t follow that advice. I work in banking and that company is also in banking. The majority of my portfolio is in the banking sector. So I […]

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