Two years ago,my husband opened up a trading account with $2000 in it and asked me to trade and buy.His theory was that people who did not know much about shares and stocks did well in the market as they studied it.And it was a comparatively small amount.... if lost.
Good theory...my first investment was Delta,good sound decision ?No!They claimed bankruptcy soon after.
Then I got a tip that Air Tran was going to go up....bad timing again.Gas prices went crazy and I lost on that too
Next,I played it safe and invested in energy shares.Those have remained steady but I am now at a point where I am scared to check my account!
Everybody has been urging us to invest right now as its so cheap and it should go up!
My theory:If I had bought a nice designer bag...I would still have something to show for it!