Around a couple of years ago, I wrote about the CVS/Caremark merger and about consolidation in the retail pharmacy sector. If I remember correctly, I also said that sooner or later Long’s Drug Stores would soon be swallowed up by Walgreens or CVS. Well, that day has come. According to an excerpt from a CVS [...]
Category Archives: Investment
Money’s Too Tight To Mention
http://www.youtube.com/watch?v=bREgcLhTHI0
Seemed appropriate at this economic juncture.
New Brokerage Account
If you remember my post from the end of last year, I closed my brokerage account in order to pay off my home. I also wasn’t too happy when Vanguard (VBS) didn’t proceed correctly (they said it wasn’t their fault) with an arbitrage transaction, and I lost a little money. So, I also directly-registered some [...]
Are You an Irrational Investor?
Conventional economic theory holds that people act rationally and generally do what’s in their own best interests. However, theory and reality are often vastly different.
Some of the irrational behaviors (pdf) to which investors can fall victim are overconfidence, loss aversion, mental accounting and present-biased preferences. Almost everyone (including me), at one time or another, exhibits [...]
Roth IRA Conversion
We’ve all heard the optimistic phrase “when life hands you lemons, make lemonade”.
Well, the gist this phrase can apply to the current bear market. Even though the market has fallen about 20% from it’s October peak, there’s still an opportunity to make those losses less painful.
How’s that?
If you qualify, and it makes sense for you, [...]
Thank You Harry Markowitz
It’s just human nature that no one wants to hear about reducing risk when there’s a bull market going on.
However, the minute the markets take a turn for the worse, and people start to realize their investment losses, the concept of risk reduction suddenly becomes an important topic.
So kudos to Stock, Futures and Options Magazine [...]