J.C.’s Money Blog

Ahh, the world markets are tumbling on subprime mortgage crisis fears. Excellent.

I just opened a savings account at ING Direct, and I was planning on setting up my emergency and car fund there, but I decided to send half the money to Scottrade, so I can snatch up some more shares of America’s top 500 businesses, while they are on sale.

Be fearful when others are greedy. Be greedy when others are fearful. Its time to be greedy.

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On another note, my procrastination cost me $36, as I left $11,000 in accounts generating between 0 to 0.2% interest, when I could have just as easily opened my ING Direct savings account one month ago.