Wednesday, November 26, 2008

Apparently I picked the right time to start investing

Many stocks were trading near their all-time lows on Friday when I decided to dip my toe in the stock market. Today marks the third day of growth since then. I've gotten roughly a 17% return on my investment in less than a week, which is kind of ridiculous. The Dow seems to have gone up about 13% over the same period of time.

Of course, the whole thing is kind of meaningless unless I decide to sell all the stocks I'm holding right now and cash out. It's possible that the market could tank again and I could lose everything. Or it's possible that the handful of stocks I have in my portfolio will continue to climb, albeit at a slower rate.

Anyway, looking at this little chart makes me happy. For now.

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