April 5th, 2007

Stock Market

Bull

I've finally invested all the money I'd allocated (which was 1/2 of my inheritance).  Since March 21st, I've made over $600, with $100 of that just today.  Microsoft Money is projecting an annualized return of 61.9%!  Whoot!  Beats the crap out of bank rates!  That's not quite enough to pay for a house, but it's enough to pay most of my bills.

Only about 7% of my money is in stocks, 32% is in mutual funds, 11% in bond funds and 50% in a money market account.  The temptation is there to invest the money market money into mutual funds, which could result in some serious income, but that would be greatly increasing my risk exposure.