investing your money ;)

Index funds if you want to invest.

Its easier to lose money then to come out ahead but with trading fees in the under $20 range--like at Schwab, you can beat the market.

Right now the banks are trading wildly, they had a big fell and trying to come back--could be a bear trap. FAS and FAZ shares track the bank shares, FAS is the bull, FAZ is the bear. Bulls gain when the market goes up, bears gain when market goes down.

FAS closed yesterday at $12.80, today it hit a high of $13.92....if you brought 500 shares @ $13.00 for $6,500 investment, today you could had got out at $13.75 and made $350 after fees.

Beware thou, FAS was in the $20--$30 range not so long ago. Last month it was trading around $10, last week it went over $16. It trades at 3 times the market. You could lose a couple of thousands in a week. Trade only money you can afford to lose.


EDIT...right now FAS is around $13.30, so your profit if sold at $13.30 drops to $130. Trading can be mentally very hard. U might/will have wild mood swings...its gambling, not investing, IMO