For two months I have enjoyed substantial gains in my stocks - only to be dismayed by this week's losses. I'm a big believer in the stock market although I'm only a miniscule investor. I believe that investing in stocks is a good way to build wealth overtime. If you want to get rich overnight, the stock market is definitely not the right place to start.
April's gain due to promising unemployment results was dragged by low retail sales in the same month. This week I lost 56% of my gains. As you can see, the stock market is not for the faint of hearts.
Investors are holding their breaths as data about housing sales will be reported on Monday, housing construction on Tuesday, and regional manufacturing on Thursday. Depending on what the data would be, I'd either gain or lose some more. If you're interested keep checking back as I will post updates here.
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