27th Aug 2010
Stock
Just sold all the shares on my first ever stock trade! - it was a little scary. I bought NVDA(nVidia) at 8.92 and sold at 10.10, a 13% increase, not too bad for a first-timer I guess. I’ve been reading a book called “The Neatest Little Guide To Stock Market Investing”, it seems to be quite good and helpful so far, with very straight forward examples to follow and also a detailed collection of thoughts from a few of the world’s best investors. It’s easy to read but I have a feeling that in order to put the concepts into use it’ll probably take me a long time - consider that my budget is so limited. The technical terms are kind of confusing, even though I think I may get a better understanding in the coming days. The internet also seem to have unlimited amount of resources about trading. One I found useful today was www.investopedia.com, I have yet to spare time to read it though. Don’t think I’ll be buying another stock anytime soon without attempting to do some actual analysis on them while referencing the book. This is going to be fun, I think.
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