Investing 102

[Bucketlist2012]

Just gotta love making money..

I was going to mention on the thought of not watching the balance and focus on the income stream..

And as greg just mentioned about having some high yielders for some money parking, along with your mix of steddie eddies..

i just parked in a fund that i knew was undervalued, getting hammered , and i knew that it would rebound and go back up..High dividend payer no matter what the balance..

Since timing the market is useless, you time as close as you can..

So i bought it, and it kept falling...2 grand later, still falling...Paying a double digit dividend while waiting...

Then boom, it starts to rise.., but I made the money back, and now it is moving the right direction , and it will settle much higher and continue to grow, but man....patience and research..all while getting paid 14%....HELLO... sweet deal..

Also i just got more dividends in, while i played in the garage.. 400 bucks, but again, when you have 17 of these, this all adds up..

i may never know what shorting a stock is, or stop loss, or any of that...

But by using the basics, i don't need to know that voodoo mumbo jumbo...

The EDIT, is my investment that turned around is up again 500 dollars so far this morning and it still has 50% to go to get back where it was... a 14K investment...

These are small, very small plays in the portfolio, and NOT a steady eddie.

But money in cash is for rainy days and daily expenses..

I have also down sized my emergency cash, since all my assets are liquid , except the 401K.

Before I needed a 6 month wad to sleep...When bank rates are high again, i will do it, but for now, it is working to fight Inflation..

ALL other employees must be working ,here or abroad, or they are fired...

Your money sits in the bank........crushed by Inflation, or it is at work battling for you while you work, sleep, play, type...