If you have been a follower of this blog then you know that my first year investing I lost over 2 thousand dollars but when it came tax time I didn’t deduct any of it because I knew that I could use those losses to offset future gains that I would hope would come in ‘09. Well, last year I made money, $1,481.39 to be exact and this time that is going to have to be on my taxes because Uncle Sam no doubt will want a piece of my small pie and that is fine. Now, I am not really sure if I can use the exact amount and that is why I can’t wait to go see my tax preparer this year, stay tuned.

New month and hopefully it will be a lot better than last. The last week of January wasn’t that good for in general but somehow my account managed a small gain. My account was up $42 big ones and hopefully things will pick up this week because I need a new leg and the bionic one that I like is quite expensive =(.

I had no trades last week.

I got paid a $7.50 dividend by Dow Chemical.

My investments, 50 Dow Chemical Co (DOW) shares, 100 Allied Irish Banks PLC (AIB) shares, 400 Citigroup (C) shares, 500 Fannie Mae (FNM) shares and 2500 First National Bancshares Inc (FNSC).