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Thursday, October 9, 2008

Can't State A Whole Lot Right Now

I logged onto my account yesterday for the first time in about a month and the money I had invested through their website was worth about 1/3 of it's original value. This isn't even as bad as most of the stocks in the market right now. I'm glad I stuck mostly to renewables and steered away from all financials (except for Annaly (NLY)). If the entire economy tanks, I'll probably suffer a little. I won't be able to buy much and I may have trouble staying employed, but we'll all come out of it better off eventually. I'm sort of rooting for the big downfall lately. When we hit bottom we'll be cleansed.

Haven't heard too much regarding my job prospect. Angst and frustration are the words of the day for me. I really hope I hear something by COB today or at least before the weekend. No matter what the outcome is, I just want to know so I can start planning for my immediate future which has been a toss up for quite some time now. Ugh.


ASHLEY said...

Yeah, I definitely know what you mean about sometimes hoping it gets worse. Maybe people will learn to be smarter with their money then. But I guess we have the luxury of thinking this way because we have years to wait for it to get better again.

Good luck with the job prospect, hope you hear soon!

c12k said...

Friday morning would have been a good time to buy up more NLY. It's still pretty cheap, but you could have made a killing on Friday afternoon.