Credit Card Victim

The shares plummeted on opening trading and my stop loss order was placed onto the market.

Based on the share price I’ve lost about $300 over the past six months. When I add in brokerage and the credit card interest then I’m probably down around $900. Oh well, stuff happens.

The good news is that the funds should clear on Tuesday and I should have around $4500 to reduce my credit card bills.

I’m not sure which direction the funds will flow in yet, I have three cards that need to be reduced, I can pay one off and have some spare to knock another one down a bit. I’ll take a look at the balances once the funds have cleared and make my decision then.

The bad news is that I have another $500 in bills that need to be paid soon, I don’t have the cash for them and don’t want to add to my credit card debt. Going to have to sleep on that one as well.

This entry was posted on Sunday, July 15th, 2007 at 11:57 pm and is filed under The Journey. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.