Mar. 26th, 2006

errantember: (money)
I attended the InvesTOOLS 5 Step Investment Strategy workshop this past week. This 2-day seminar is a combination of basic stock and option investment strategy, including fundamental and technical approaches, plus info on how to use the InvesTOOLS Investor Toolbox, a powerful online stock and option search engine with bazillions of features and a very easy-to-use interface. There was also the expected hard-sell of other InvesTOOLS investor education classes and programs. I chose to pass on further expendatures because a) I'm broke from the first one and b) I have enough knowledge and tool-power to start getting my money into the market in a way that should blow my previous 401k mutual funds completely away. Once I've gotten to a point where I've earned back my tuition from the first class, I may entertain taking more. I'll also be in a better postion to know whether they're worth the money.

Long-term I'd like to get into options trading, which both my after-tax and 401k self-directed brokerage account allows. However, I need both more knowledge and skill than I current have to do that, plus at least a few useful stocks in bundles of 100 units (not cheap!) In the meantime I'll be tracking some fake trades to better identify money-making strategies.

I'll let ya'll know when I'm rich beyond description.

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errantember

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