AIG

I nearly purchased shares in AIG on the morning of Tuesday September 16th before the markets opened. The only thing that stopped me was an unforeseen difficulty in trading on the NYSE, being based in the UK. That and the fact I had an inhuman amount of work to do that day.

I'm going on record so we can use this as a benchmark to see whether I would have lost some cash or profited.

I have never dealt in stocks and shares before. I was prompted to buy AIG stock while listening to the early morning news about their financial woes that Tuesday. When Northern Rock faltered earlier this year I heard about it on the radio on my commute ahead of market opening. The first thing I thought was "I should really buy some shares." I didn't, and their share price "rocketed" briefly (citation needed). It was brief, but it was long enough to hop in and hop out, making some paper in the process.

Anyway, we'll see what happens with AIG, and see if I should trust my instinct or give a market I have absolutely no knowledge of a wide berth.

...to be continued...