Well! I finally did it! I put my money where my mouth is. For those who know me well can testify that I'm a big talker about nanotechnology and how it's going to change the world. And just to let you know, I have still not found anyone that I can have a good conversation about it. It's always just me talking to someone who thinks I watched one too many episodes of Star Trek.( Which I did enjoy watching)
I cashed out my 401k and opened a rollover IRA where I can invest in the stocks that I choose. That whole process was very educational. I then bought about 1,000 shares of stock called TINY. It's a company named Harris & Harris group and they invest money into several nano and micro companies. The companies range from manufacturer of clothes, medical, construction, and technology. Not to forget about companies that make equipment for the research and manufacturing. A well rounded portfolio kinda like a mutual fund. The guy on the phone called it something that I can't remember. I'm still not savvy on the lingo.
So to make a long frustrating process short I got everything ready to go and I was trying to buy the actual stock on line. Of course I don't want to wait until I can talk to the broker guy who was willing to help me through the process. I just want to hit the BUY button. Kinda reminded me of the "Watch this" phase I'm not quite out of yet.
It was about 10:00 at night and every time I tried to buy for the next day the fidelity web page showed an error. So at about 11:30 it finally went through error free. I couldn't wait to check it the next day after school, so during the quiz, I gave yesterday, I got online and cheeked it. I lost $400 in 3 hours! I laughed. Just like the "Watch this" phase I'm not quite out of yet.
I got to constantly remind myself that this is a 5-10 year investment. I'm sure Microsoft and apple had slow starts too. And I'm absolutely trusting God on this one. I honestly feel like this is a smart move with the money He gave me. I would like to be the servant who makes ten times more than his master gave him. Or he could teach me that I don't need a lot of money to do what He wants me to do. Love, Wisdom, and Power is in full effect for this transaction.
Well I got to go change the brake pads on the Nissan, hopefully it'll be free of good stories.
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1 comment:
Hey Adam and Christine!
Its Chris G. - good to hear things are going well for you guys down there. Love the blog too, nice to hear that while places change, y'all are still you!
check out our blog sometime: www.thegensheerjourney.blogspot.com
We're amateur bloggers, so think of it just as a way to randomly hear what's up with us!
Talk to you later
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