Guess I picked the wrong week to get into the market.

Monday I bought 61.69 shares of mnscx, an index fund (index fund = a mutual fund that is based on an 'Index' such as the Dow Jones Industrial average). The nice thing about them is that they go up and down with the market. You aren't investing in say, oil, or pharmaceuticals exclusively, for example. They supposedly do better in general than more specific mutual funds.

From Monday to now, Saturday, my shares of this fund have lost 11% of their value. One week! Shit. Oh well. I was thinking I should have waited a week for the market too cool down. It had gotten up to 14,000 a new record, you figure it would be due for a (ahem!) correction. The reason I had bought in at this time was that I had just put enough money into my Scottrade account for the minimum amount to buy into mnscx - $1,000. I wasn't looking at the recent surge in the stock market and saying, 'I gotta get into this now!'

Oh well, Not the end of the World. That's the only investment I have besides my 401K. I check my 401k like a couple of times a year and it has been doing fine. I am sure it took it's fair hit recently, but overall I like it's behavior.