Jack’s Cash

Well I just got a confirmation email today telling me that I have received my $50 bonus for signing up with Sharebuilder. That’s a lot of free money for a little guy like me!!

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Well I am 8 months old now and while college savings is certianly in the forefront of my mind I can’t help but thinking I should get started on my retirement savings at the same time. With essentially 60 years before I retire I have some of the most powerful forces in the world on my side (Compound Interest and Time). (more…)

Well after making my purchase yesterday I got a confirmation email from sharebuilder that I qualified for their $50 bonus! This has been a really good month for my net worth. (more…)

Well one day before I turn 8 months old I am officially a shareholder in the stock market. How exciting!! Not only that I own part of Exxon Mobile, General Electric, PFizer, Johnson & Johnson, Microsoft, Intel, CitiGroup, and Bank of America just to name a few. (more…)

I still haven’t decided what I will make my first investment in, but something cool that I didn’t realize about ShareBuilder is that I can buy partial shares of stock initially. Now I have heard of Dividend Reinvestment Programs (DRIP) where they will use any dividends you get and reinvest them in more stock and they will allow you to purchase partial shares then. Sharebuilder however allows you to purchase partial shares from the start. This means a little guy like me could actually own shares of Berkshire Hathaway(BRK.B) even though its currently costs nearly $3000 just for one share. I could take my $250 from dad and purchase .0856 shares of Berkshire…..very cool!! (more…)