KaiJansson.com
The blog of Kai Jansson, freelance writer, editor, and illustrator. Topics include writing, literature, graphic novels and comic-books, photography, artwork, and site updates. Also features some short pieces or excerpts of fiction and non-fiction.

Friday, August 22, 2008

I made $12,000 in the stock market!

Unfortunately, the $12,000 was fake money. It was all part of an investing exercise a few of the newer employees at Stockwatch took part in, where we could use a total of $100,000 to invest in no more than 10 companies at a time. I never used that entire amount, investing about $70,000 maximum, to get $12,000 in proceeds.

Not bad for a beginner, I'd say. Before starting at Stockwatch the stock market was as strange and arcane to me as driving a car would be to a dog.

I'd definitely recommend anyone interested in dabbling in the stock market to start by spending from three to six months setting up a personal portfolio of companies for an investing simulation before actually putting down any money. It's a good way to learn about investing quickly.

Labels: ,

2 Comments:

Blogger Antoine said...

Great title Kai - made my heart stop for a second! I think I'll definitely look into investing in the stock market. Have you read Warren Buffet's tenets for investing? It's quite good apparently.

August 22, 2008 2:03 PM  
Blogger Kai said...

I haven't read Warren Buffet yet, but it's on my planned reading list.

September 5, 2008 7:52 AM  

Post a Comment

Links to this post:

Create a Link

<< Home

 

TOP OF PAGE

Site design by Kai Jansson