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Thank God for Wordpress!

Well, apparently, Microsoft thinks so. For 44 something billion dollars. That makes Yahoo hot stocks to buy.

I never professed to understand or begin to understand the stockmarket. All I know is that there’s a lot of money going around but the US is still heading for a recession. The same way that a gazillion billion dollars is being remitted to the Philippines but our economy is still viewed as lousy. Gaaaah.

Anyway, back to the stock market. I am very impressed by people who works at the stock market. In one of my crazy adventures, I was a nanny to an oil trader at NYMEX [I took care of the baby not the daddy, hokey] and it’s amazing how they predict what’s going to happen, he has all kinds of charts and models.

Buying and selling stocks is a treacherous mine field which can blow up on your face if you don’t make informed decision. And though TV ads by stockbrokers make it look easy, it’s not. You have to have your research done, preferably by a company who provides a wide array of information like buy/sell percentages on mutual funds bought or sold, what other stocks were bought by the fund I invested in, etc.

They say it’s best to buy stocks and play the market when the market is down. I personally would like to play in the money market and mutual funds than straight up stocks. Pipe dream. Can’t even put together a whole paper dollar as it is. Bleh.

This entry was posted on Saturday, February 2nd, 2008 at 2:29 am and is filed under money. You can follow responses via my RSS 2.0 feed. You can leave a response or trackback from your site.