Without silly looking dogs to photograph, Halloween was just an ordinary day. I wrote another watch article and then tried to make sense of the 2012 enrollment documents I had to fill out before the end of the day to continue my health insurance plan. These enrollment documents are always confusing for me, since I am both the employer and the employee in my health insurance plan. Should I check the box that says "Employer will pay 100% of the cost and the employee pays nothing," or should I check the box that says "Employer pays nothing and the employee pays 100% of the cost? Actually, whatever box I check I end up paying exactly the same: way too much.
In September, my broker convinced me to buy some inverse positions to protect myself against a serious market downturn that he though was imminent. I sold those positions at a loss this week after one of the best bull runs this year. Go figure. I'm very discouraged by my results in the market this year. Basically, I still don't see many positive things about the economy in real life, so I'm easily swayed by bearish arguments. On the other hand, I know that traders are becoming increasingly sophisticated at gaming the system and turning bad news into a profit. I still believe in the old "buy low, sell high" adage, but when the lows and highs occur on the same day, it's real hard to keep up with things.
Until I figure out the intricacies of investing, I'll continue to plug away at copywriting and photography. I think the dogs have a much easier life.
Roxie is today's Dalmatian of the Day | Watch of the Day |
I sure wish I would be brave enough to try some online trading. I don't have big money, but I might have thrown $500 at the market when it was so low a few weeks ago. If I would have had enough sense to sell right out, say, day before yesterday... there would have been a nice piece of my monthly needs.
ReplyDeleteBut I haven't been brave enough. Takes a lot of time, I think.
@sharkbytes - this is the tough thing about trading. You can have exactly the right strategy, but if your timing is off even a little, you can still lose your money. "Buy low, sell high" sounds easy, but it's really quite difficult.
ReplyDeleteYeah... and choosing the right companies and all. I DON'T need another job! Thanks for the response.
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