Anyone who’s been reading my blog knows that I’ve recently started a new full time job. I now work as an inpatient night-shift staff pharmacist at the Carl T. Hayden, Veterans Affairs Medical Center, here in Phoenix, Arizona. It’s a great opportunity for me and I consider it a privilege to work here.
Since I now [...]
Category Archives: Market Timing
Portfolio Update - TSP
Financial Homework
Very informative show this week on Consuelo Mack: WealthTrack. If you haven’t seen it yet on your local PBS station, stop by her site and watch it through her free “video on demand” service. It’ll be worth your time.
This week’s show seemed geared more towards average individual investors, those with 401k plans and the like.
Consuelo’s [...]
Ultra Financials ProShares
Just bought 1000 shares of Ultra Financials ProShares UYG at $3.40/share, for a short to mid-term trade. This ETF seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the Dow Jones U.S. Financials index. The fund normally invests 80% of assets in financial instruments with economic characteristics that [...]
Stock Market Volatility
The stock markets took a tumble this past week on a bevy of poor economic reports, news that retail sales slumped for the sixth straight month, and deteriorating credit quality and record losses in the financial sector.
According to Briefing.com, for the week, the DOW ended down 3.7% at 8281, the NASDAQ down 2.7% at 1529 [...]
VantageSouth Bank
I own shares in a private de novo bank named VantageSouth Bank, a small community bank headquartered in Burlington (Alamance County), NC. I bought 100 shares of their stock in 2006 at $11.00/share during their initial public offering, being well-aware that investing in a de novo startup is a risky venture and I could easily [...]