In my past life I was a finance dork. I was the President of the investment club at my university and even worked in private equity for a while. Thankfully, I came to my senses and left that world behind in favor of more personally rewarding (academic) pursuits (read: money <> happiness). However, I never really let go of my interest in investing and, let’s face it, making money.

A few things have made me realize that it’s time for me to dive back into investing…at least on an individual basis, though I’m definitely not considering a return to finance in any professional sense. Anyway, the markets have tanked these last few weeks. The DJIA is down about 7-8% in the last month and a half (below),

and the NASDAQ is down about 10% over the same period (below).

If I remember anything, this can be an indicator of more decline to come, or a fantastic time to buy some stocks on the cheap. I like to think that it’s the latter. And so I’m jumping back on the investment bandwagon. I opened up an account at Scottrade and transfered some of my (meager) savings. With the limited amount I have to invest I don’t expect to make a torture, but I’d like to think that I can do better than the 3.8% I’m getting on my Citibank Online Savings account.

Here goes.

This entry was posted on Wednesday, February 6th, 2008 at 7:16 pm and is filed under Personal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.