Archive for October, 2008

FOREX for Dummies

Sunday, October 12th, 2008

Who thought that books like “currency trading for dummies” were a good idea?  I saw several things like this in the bookstore today, not sure what sort of insane person thought it was a good idea.  Ah well.  Maybe I should whip up a “brain surgery for dummies” book this weekend.  Can’t be any worse of an idea.

Funded a ROTH IRA

Wednesday, October 8th, 2008

I had been putting aside some cash to fund a ROTH IRA by the end of the year (I love Vanguard, but the 3K minimum is a bit much…).  I decided to scrape up all my loose change and go for it.  It will leave me a bit short this month but I can take a short loan from my emergency fund, and then I’ll be done with one of my goals for this year! 

Somehow, investing now seems like a really important thing.  I think I’m convincing myself that I’m buying at the bottom.  Plus it helps to be focusing on getting a bargin and ignoring what is happening to my other investments.  And buying a relatively risky investment means that swings in value are normal, so I can just go on pretending things are okay.

I know staying in the market, with the investments I already have, is the right thing to do.  This just helps me take my mind off of it.