IRA game comes to an end
...and unfortunately, I have to conclude that I'm not a player :(
Last steps I'm planning to take: get out of DIVX position and replace it with something resilient to crisis. It may be KO, or PG, or JNJ. Sadly, I don't even have enough funds to open a position in GRZZX. This almost has been a humbling experience. I'm totally puzzled about folks in stock games doubling their virtual portfolios in a week. What's the secret?
One discovery I made during this time, is that zero-fee brokers are starting to appear. Makes sense to me: have ad-supported brokerage that allows a limited number of trades per month. I do fit the profile, for sure. Only limitation could be that they may not allow IRA accounts... But it will only be a matter of time before they do.
Another thing to mention, whether you would grin or feel sorry for me, is that just after I opened position in USU, next day it'd fallen 4.8%. That's not a touch of Midas I possess, it seems :)
Last steps I'm planning to take: get out of DIVX position and replace it with something resilient to crisis. It may be KO, or PG, or JNJ. Sadly, I don't even have enough funds to open a position in GRZZX. This almost has been a humbling experience. I'm totally puzzled about folks in stock games doubling their virtual portfolios in a week. What's the secret?
One discovery I made during this time, is that zero-fee brokers are starting to appear. Makes sense to me: have ad-supported brokerage that allows a limited number of trades per month. I do fit the profile, for sure. Only limitation could be that they may not allow IRA accounts... But it will only be a matter of time before they do.
Another thing to mention, whether you would grin or feel sorry for me, is that just after I opened position in USU, next day it'd fallen 4.8%. That's not a touch of Midas I possess, it seems :)
posted by denka at 12:40 PM
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