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 [...]
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 [...]
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 [...]
In October and November 2008, I moved my entire retirement portfolio and donor-advised fund from a 100% cash position, back into the stock market after it crashed. Unfortunately, I wasn’t able to move my 529-plan portfolio due to the once-yearly exchange rules.
So today, after being eligible at the start of 2009, I moved my entire [...]
If there’s one thing 2008 has taught us, it’s that that both the economy and markets are dynamic, and that the concept of risk management shouldn’t be taken lightly. If we are to manage our finances and investments successfully, we need re-evaluate our positions consistently, change when change is needed, and stay the course when [...]
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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 [...]