Hello, all new visitors. Welcome to the From Spare Change to Stock blog. The purpose of this blog is simple: to track my collection of spare change each day, and to take that spare change and invest it each month in stock. I will then track the stocks I buy, to watch my investment grow. I think it will be both an educational and fun experience.
I came up with the idea for this blog after seeing Change Is Good (http://www.changequest.blogspot.com/), a simple blog about finding and collecting loose change. In this blog, I'm going to expound on that idea, keeping a running tally of all the spare change I come home with each day, and then using it eventually to buy stock.
I think just about everyone drops their spare change in a jar or plate or bowl after arriving home from work; I have a change dish on my bureau for this very purpose. I'm just going to take my spare change, add $1 to my total each day (so I get a nice round number, and so my tally grows quickly), add it all up until the end of the month, then buy some stock with it.
I'm already keeping my eye on a few stocks I'm considering: Xanser (XNR ), Oilsands Quest (BQI ), Diamond Offshore (DO ), Altria Group ( MO ), Joy Global, Inc ( JOYG ), Apple, Inc( AAPL ), and Southwest Airlines ( LUV ). I think these stocks will give me a diverse portfolio, with a clear emphasis on energy, but transportation and technology mixed in.
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