Make way for the high roller!
July 16, 2009
It’s been about a month in the making, but I’ve finally committed. My TradeKing account is open, funded, and I executed my first trade. You’re reading the words of the proud owner of ten shares of KO. 🙂
Ohhh yeah, that’s right. A whole ten shares. Because for a thousand dollars, I seemed to think I’d start a slightly diversified portfolio with two kinds of stocks with only two in mind to start. Further research revealed that whole thousand dollars still couldn’t buy half a Berkshire Hathaway B class share. I should have just bought 20 shares of KO and been done with it. (Already with the hindsight, here.) If/when the price drops below $48 again, I’ll go ahead and nab a few more.
To be honest, it’s amusing that this first purchase is so exciting, but I can’t help it. This is my first step on a (one hopes!) long investing journey of dividends, splits and income. This isn’t a blog about hot stock tips or the latest investing tool, so you don’t have to worry about that. It remains a blog about all things financially exciting and novel in my life, you can rest assured that the carrying on about rather mundane things such as saving money and creating growth income shall continue.