Let the Fun Begins!

As mentioned last week, I plan to restart my little game of "What $500 Can Do For Me".

After placing $500 into my brokerage account, I moved those money into ETFC, buying 300 shares at $1.74 per share. My so-called-picked is the continued observation of the ETFC currently in my IRA account, performing at +16% as of today. Since it has recently been upgraded, there should still be room for it to ride up, edging closer to $2 mark.

Because the goal here is to make money in short time, risk/reward is the main engine. Speculation and optimism is the key to my pick. Any stock that has high vulnerability is highly considered due to the fact that they are usually price sensitive.


As for today, Monday 08/31/2009

Bought

300

$1.7391

Settles on 09/03/2009

3:52 PM 08/31/2009

Let's see how it goes tomorrow.