Friday, January 25, 2013
A Bit of a Rebound
Just as I start getting nervous about stocks in Cathy's account, they rebound with gusto. Sony's gained almost 50% since that last post, and HPQ is up quite a bit as well. The whole market is showing some strength these days - signs it's still fairly healthy.
An unusual post for me, just ahead of Review Day (which for me will be Monday - I always review my family's accounts the fourth Monday of the month.) It's okay though, since I haven't posted since November (sorry about that.) I've learned not to even check to see if I have a possible trade, even if I see the stocks in the accounts are doing particularly well. It's just useless work, and sometimes contributes to disappointment on Review Day.
We passed the 1 year mark on my boy's accounts, and nothing much happened with them. They have fairly small accounts, though, and it really shows that the market hasn't really done a whole lot in the past year. I think almost all of these accounts take awhile to develop in the first bunch of time in their life, unless something drastic, or fantastic, happens in the market soon out of the gate.
If either Cathy or my account have a transaction in it Monday, you can be pretty sure you'll see another quick post, even though I'm going to be getting busy here next week - I'm starting college for accounting. I know - nuts huh? At almost 54? Oh, well...
Labels:
dividends,
economy,
investments,
IRA,
mutual fund,
stock market,
stocks,
trading
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