Tuesday, February 15, 2011

Adventures in Investing

It's been about a year since Toyota starting having problems with claims that their vehicles were unsafe. Shortly after these claims surfaced (and their stock's value dropped considerably), we decided to buy a handful of shares. Luckily, we happened to buy at just about the perfect time:

Other buys we've made have not worked out quite so well. Our first joint ventures into the market (S&P index funds) were bought in September 2008 and then again in February 2009. Both of these investments were swiftly followed by large drops in the market:

Oh well, these are supposed to be long-term investments anyway. And, hindsight is always 20/20 :)

1 comment:

  1. Luckily, I dragged my feet after Aaron started his whole investing thing... so I entered the market shortly after the stock market crash in 2008! Woot Woot!

    Of course, then I tried a gamble on some bankrupt Charter pink sheet stocks and lost.

    Like you say, it's best to stick with it for the long haul. I'll leave day-trading for rich boys on wall street with time to kill and money to burn.


Related Posts Plugin for WordPress, Blogger...