i (i) wrote,
i
i

my original plan upon selling my house had been to put the money in the stock market and grow it. if i had sold it to the first buyers, just before my india trip in december 2007, i would have done just that, and lost my shirt. instead, i sold it in may last year, and, thanks to very good advice from a friend, put it instead into ING bank, earning double the US interest rate. hence, i now have enough to buy land for us in guatemala and build a house on it. keeping the land money aside, i have started cautiously investing the balance. 15K so far, in solid companies with decent expected growth who pay dividends. i expect the market to bounce for a while, but so long as i get a dividend, it's all good. i also speculated a tiny bit, putting $300 combined into GM and Ford at their bottoms. no dividends there, but huge growth potential. i use the screen tool at zachs.com to choose my stocks.
Subscribe

  • Dune

    The new Dune opens here on the 21st. I am undecided as to whether I want to go see it dubbed in Spanish. In DF (Mexico City for the uninitiated),…

  • 80 words

    A while back, I entered Atmosphere in a writing contest. I'll find out in February whether it wins. In the meantime, I'm getting constant invitations…

  • Best review of my book yet!

    I met this woman and her husband in Wichita, by chance. Mentioned my book in casual conversation and she ordered a copy on the spot. Here is what she…

  • Post a new comment

    Error

    Comments allowed for friends only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 9 comments