As previously mentioned, I’m planning on trying out this whole stock market thing while everything is really cheap. One thing I’ve learned about E*TRADE (I’m not sure if this applies to other services) is that you can’t really get started on Day 1. Or Day 2. In fact, even though I transferred my funds electronically on October 3rd, I can’t start investing until next Wednesday, September October 15th. I think this is the combination of a new account hold of about a week, plus a few days hold on the transfer itself.
Let’s see how low the prices stay over the next week. Assuming prices are low enough, I’ll reveal my picks after I buy.