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http://boards.fool.com/aig-and-aa-30302256.aspx
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| Subject: AIG and AA | Date: 10/5/2012 12:06 PM | |
| Author: DeeMGee2024 | Number: 3588 of 3845 | |
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One of the first trades I made was to buy AIG on the crash. I knew nothing (relatively speaking) about AIG or the stock market but thought this would be a good chance to profit from panic. I did NOT profit. Thankfully it was a small amount of money and a very valuable lesson. I think that transaction forced me to become an informed investor. Last year I sold and bought AA in a short turn around. I have neither the time, knowledge or value to be a short term "trader" and that investment is still on the books at a loss. DUMB move - but smart lesson. |
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