Pissing my money away
I decided to throw some money into my Roth IRA the other day, just for old times’ sake. I bought 95 shares of DayStar Technologies, Inc. (Nasdaq: DSTI). The transaction went through this morning and the stock is up a little already. Not too bad I guess.
On the other hand, the rest of my portfolio is down over 50% from it’s original value. This includes my 3 shares of XM Radio I bought a few years ago for about $80. One merger later those 3 shares are now 13.8 shares of Sirius XM Radio (Nasdaq: SIRI) worth a total of $1.60 (not each, TOTAL), a 96% drop in price.
This is why no one is getting anything for Christmas this year.
I have been buying GM at 3.16 and selling around 5, 20 shares at a time. Easy 20 dollars here and there….
Man, I wish I had two or three hundred grand. :)
Hell. I am scared to even look at my IRAs.