Investment

Dear Diary,

Super happy today! ;-) Made almost a thousand dollars out of nothing. Literally. About a few weeks ago, I decided that putting my huge stash of cash in the bank was a real waste. Gone were the days I had to scrimp and save hard for a potentially massive graduate medical course fees. So with the kind of pathetic interest rate the bank offers, I decided I could do more. Opened a trading account and spent time reading some books on investment. Selected some stocks. Read their annual financial reports and general announcements so as to make better decisions.

On Monday this week, I decided I was confident to buy some stocks as an investment. Not intending to speculate. So I spent a little bit of my savings to get some stocks from a British company. In fact, I drove a hard bargain and quoted lower than market rates to buy those stocks. I was actually surprised my bid was successful. At the end of that same day, my stocks increased in value and if I had sold on that same day that I bought, I would have made a cool $500.

I did not though… and over the next few days, I did not even think about my stocks… just taught lectures, rushed through roster-planning and watched movies like “Ratatouille” and “Evan Almighty”.

This morning, I woke up with nothing much to do. So I checked the stocks a little. Well, the prices fluctuated and it can be unnerving. I wanted to make decisions based on a cool head and not due to anxiousness. So I decided that since I was in no hurry to sell my stocks which theoretically were supposed to be my long-term investment, I just quoted a high price for my stocks and then left for work. I was even expecting that no one would have bought from me. Just hours later, my stocks were bought. In these five days, I got a profit of close to a thousand dollars. Amazing.

The first time I ever bought stocks and sold them. Yay, some money to chip in for two possible separate trips to Taiwan and Shanghai (China) early next year! =) Ok, that’s all… Have a nice evening!

God Bless,

Andrew