I'm loving my marijuana stocks today.
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I've been stashing cash in an S&P 500 index fund for the last 15 months, which has provided a good steady return. But after months of talking about it and missing out on the Oct/Nov dip, I finally opened an e*trade account last month and started playing around with stocks. I told myself I'd stick to the blue chips and not get caught up in the riskier stocks, but that didn't last long. I have a couple of blue chips that are long term holds (like XOM which has me up 20% so far) but I can't help but goof around with some of the more volatile ones. PLUG has been a roller coaster ride, but after today I'm back where I need to be with them and FCEL was a good buy for me late last week. At some point I know I'll snap out of it and realize I'm not playing with monopoly money, but so far this has been fun and only minimally stressful.
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Compounding interest in that index fund is very powerful. Keep it up for 10 years, will be very well off!
Originally posted by Duane View PostI've been stashing cash in an S&P 500 index fund for the last 15 months, which has provided a good steady return. But after months of talking about it and missing out on the Oct/Nov dip, I finally opened an e*trade account last month and started playing around with stocks. I told myself I'd stick to the blue chips and not get caught up in the riskier stocks, but that didn't last long. I have a couple of blue chips that are long term holds (like XOM which has me up 20% so far) but I can't help but goof around with some of the more volatile ones. PLUG has been a roller coaster ride, but after today I'm back where I need to be with them and FCEL was a good buy for me late last week. At some point I know I'll snap out of it and realize I'm not playing with monopoly money, but so far this has been fun and only minimally stressful.
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