Remember when I posted that I was going to start investing in stocks?
Well I did it. I just didn’t mean to.
I did a bunch of research on stocks and picked out one to start with (I decided to do the investing in chunks – choose one stock, buy it, do more research, choose another stock, buy it, etc). I was pretty satisfied with this choice, so I logged into my Sharebuilder account, set up the buy, and transfered in funds. I set it up as a one time automatic investment, so it wasn’t going to happen for a few days.
I’m not sure why, but I started to have second thoughts. So I logged back in to Sharebuilder and cancelled the buy.
Or so I thought.
What I did was go into the automatic investment page and remove that buy from the page. What I missed was that the automatic investment page can’t be blank if automatic investments are turned on (which they were). So even though I’m sure the page popped up a warning, I missed it completely. And therefore, bought stock.
Thankfully, I still think it was a good purchase, just not one I was sure I wanted to make. It’ll be interesting to see where things stand this time next year, see if that mistake was a happy one or more of a “Oh well.”
maybe that was just what you needed to get you started
but, praytell, WHICH stock did you buy? I bet you got GE didn’t you?
Thankfully, no. Based solely on my love of mac & cheese, I went with Kraft. So far, so good!
As long as you were smart and didn’t invest money that you need, I wouldn’t worry too much about it. Seems like you have the right attitude about it though – “Oh Well”. Perhaps, though, it’s a good sign that you weren’t able to cancel it. Like the financial gods weren’t going to let this opportunity slip through your fingers.