Sep 22, 2006 01:21
I'm thinking about playing the stock market. The idea never really appealed to me before but I think I now understand why it didn't. There are essentially a series of steps one has to go through in order to "Play" the stock market. Until now this was pretty much a one step process for me, which looked like this:
Step 1: Have a moderate amount of extra money that you are willing to invest
I never really made it that far. Money used to be something that I would basically find whenever I needed some to pay bills or fix cars or eat or whatever else needed being paid for. Whether it be large student loan checks, selling blood, or even working occasionally at the Ol' CB, money was never something that I associated with the word "extra." I was lucky if I even got to associate it with "enough." Step 1 was simply not attainable for me. However, now that I am "for real" employed, I'm finding that Step 1 isn't so elusive after all. This realization opens up a whole new slew of Steps for me to explore:
Step 2: Send my money to some people
Step 3: Wait a little while
Step 4: Get more money back
I'm not sure exactly how it works but it sounds pretty awesome. I guess this is kind of what people do when they run out of things to buy. I still have plenty I want to buy, but I figure I might as well take some financial risks while I can still afford it and don't have a bunch of people who depend on me. 22-inch widescreen monitors, top of the line video cards, and (!!) actually being able to buy deserts and appetizers when I eat out is nice, but I'm realizing that it's time to wind down the spending and get to know my new friend Saving a little better. After all, high risk high yield saving is synonymous with investing.