Wednesday, May 21, 2008

Stock Talk, the carelessness of people.

Ok let's talk a little bit about stocks.
I have been investing in the stock market for about two years now in the form of a 401K plan option. 401K plan options are basically a stock portfolio that is comprised of trusted companies which generally show a return of investment. These 401K companies offer you basically the advise of a stock specialist without the high cost.

Ok, so let's elaborate for a second. Ask many of your fellow colleges who don't watch or pay attention to their own stock accounts. What do they say? I found that in my own current office many lost money, lots of money. Many people in my office loss anywhere between a thousand to ten thousand.

Now if your like me and you really don't make that much money at your 9-5 or 7-4 in my case, you would pay attention to what your money is doing for you right? Your damn right you would. So I was playing around today in my 401K account...when did the stocks start to crash? Around January right, or roughly. Well as I was using my rate calculator I found out that since December of last year, I had made a 4.3% return on my money, which means I made a profit.

So let's see here, I made a 4.3% return, while others had a -10% or higher loss, hmm. Do you think I know what I'm saying when I say watch your stocks? The carelessness of people and their money.

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