Thursday, October 30, 2008

first foray into the investing world

it was around september 2000 that i receive a mail from 'republic securities group'. they were advising me to buy a new stock & they say that it has great growth potential but i need to subscribe fast as the closing date was drawing near. being kind of adventurous, i took up their offer. by december 2000, i bought 350 shares of a company called inet commerce conduit corp.

a year later, i notice that the stock price is going higher & higher. so i decided to open an online brokerage account. at the same time, also started reading about stocks & investment. it seems that money was so easy to earn :)


Quantity 350
Description INET COMMERCE CONDUIT CORP CM
TickerSymbol ICMC
MarketPrice $9.875
MarketValue $3,456


the above was around february 2002. anyway, the company that recommended me the stock. their website 'republicsecurities.com' is no longer working. being a sucker, i get to experience the joy of seeing the stock went up & getting burnt seeing it go down :(

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