March 31, 2005

Money

I gotta manage my money better. Like, I gotta figure out where my parents stuck my money.

For example, I know they took some of it to invest in stocks back during the .com boom. I also know they took some of it to help pay for my sister's education.

Today I found out that I have a TD Waterhouse account with a Roth IRA. I don't understand what a Roth IRA is all about. There is a $2000 contribution from 2001.

What I do know is this: it's only worth $1600 because my dad bought 70 shares of Intel stock with it. Damn. Had I known about this I would have sold it all last year and bought AMD and Apple stock. Intel's worthless right now.

Posted by hachu at March 31, 2005 10:23 PM
Comments

oh dear, your parents are managing all your money? i guess that's very generous of you to give all your money back to the family.... my dad has been bugging me to invest my money... he wants me to do it myself so that i learn it.

Posted by: Anna at April 3, 2005 05:37 PM
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