That Crazy Stock Market

How are you riding all these bumps in the road? I was appalled to see the huge drops in the market last week and yesterday, but I also tried to view them as an opportunity to invest at a lower cost. I pulled the trigger this morning and bought some shares of Ford, Kroger and Bristol Meyers Squibb. In the last few years, I've generally stayed away from individual stocks and kept to various mutual funds, mostly the low-cost Vanguard index funds. But I guess I was feeling a little reckless this week, so I used the E*Trade screening tools to find myself some companies with lower P/E ratios and some earnings growth, and then picked these three. We'll see how it goes-- I bought first thing this morning, and by the end of the day, Ford was up almost 4%, while the others were down more than 1%, but my net for the day was a slight gain-- maybe $20! But I'm not trying to be a day trader-- I'll hang onto these for a while and see how they go.