[DesertCat]

[ QUOTE ]
I need to save my money to buy my first home, retirement is second on my list of things right now. I'm just happy I'm throwing something in there every year. After I get a home then I'll start thinking about putting more money in the 401K & ROTH IRA.

I sold DELL, SNE and OSI today. A total loss of $250 leaving me $4750 to dump into my 3.5% money market account (with the $38,000 currently sitting in there). The 7-8% loss rule from "How to Make Money in Stocks" came in very handy. It's a great book, I'm reading it through a second time right now. I'm going to wait a while before I jump into the stock market, though. The market seems to be a little crazy now, plus I don't know wtf I'm doing anyway. Man, I have a lot to learn...

[/ QUOTE ]

True. You should read "The Intelligent Investor" by Ben Graham. He would only classify some of what you are doing as "investing" (the mutual funds & money market). Your stock purchases and following the silly 7-8% rule is "speculating".