This year I decided that I should try to do more with my savings. This currently entails taking some extra funds out of my chequing account and seeing where I can invest them to make some $$$ besides the crappy bank interest. So, I transferred some cash into a trading account where I had some existing stock (through a former employer) and did a little unscientific research into some mutual funds.
All of this took until the beginning of this week, so I put in an order for my mutual funds on Sunday and some higher risk stocks (Starbucks, actually) on Monday. Yup – then everything totally tanked. I woke up this morning to a story on NPR about how Tuesday was the biggest dive in the stock market in five years or something. I’m already down 3.54%.
This exact same thing happened around 2000 when I decided to try to invest some money. I should have known – I apologize for not informing you guys of the financial havoc that would ensue with me trying to increase my net worth. I seem to have thrown the world economy off kilter.