stocks, options, etc…
Back in August 2010, I recommended a move into the NC State Employees Credit Union Bridge Account as a good risk compared to the low returns offered in traditional money market accounts. That has turned out to be a prescient call since it’s paid off at 3% returns for the past 2 quarters! For those …
NC State Employees Credit Union Bridge Account Historical Returns Read More »
Some may recall my initial excitement about learning about and opening my bridge account at the NC State Employees Credit Union back in April 2008 (If you need a refresher on the basics, check back at that post). I checked back in during June of that year, and it just wasn’t going my way. In …
Revisiting the NC State Employees Credit Union Bridge Account Read More »
As most of my readers know, I have a strong interest in peer to peer lending. I was an active lender on Prosper for a couple of years before realizing the wide difference between Prosper’s actual default rates versus what was being reported. I also have a fascination with one day becoming a venture capitalist …
Thanks to a generous donation from my mother and a nice bonus from ShareBuilder.com, today I had $1500 to buy stocks for my soon-to-be 4 year old. A nice problem to have, but what do you buy for a 4 year old that will get him excited about the stock market? Lots of sites (Kramer, …
Back in April, I reviewed the Charles Schwab Invest First VISA Credit Card. I’ve been using the card for 6 months now as my primary card (except for gas (PFCU) and hotels (Marriott)), and I have to say it has met all expectations. The account is everything I currently could ask for: 2% back on …
Charles Schwab 2% Credit Card, An Update and NEW ETF’s! Read More »
I love buying on down days. Granted today is another down day and I bought these stocks during yesterday’s down day, but you can’t spend your life trying to time the market. It’s another reason I’m buying quality companies so I won’t care if it goes down a bit before coming back. At least I’m …
Stock Purchases – Dow Chemical; Allied Capital Corporation Read More »
I bought some more GE today for $15/share in my Roth IRA. I can’t believe the prices on some of these companies. It’s definitely a case of throwing the baby out with the bath water. And the dividend yields are incredible. Granted you have to make sure you’re buying into companies that have a history …
Over the past week, I’ve begun nibbling. It started with GE in the low 20’s. Target (TGT) was quick to follow. Today, I added to my Bristol Myers Squibb (BMY) position and started one in Pfizer (PFE). I also began the transfers needed to fund my and my wife’s Roth for this year (another $5k …
Many of you will recall my excitement in early April when I moved my cash over to my bridge account which generates interest based on the returns of the S&P 500. June has proved what an absolutely brilliant move that was (note sarcasm). Wow, what an awful month. I was really doing great until about …
Getting Gamed by NC State Employee’s Bridge Account Read More »
Today Pfizer (PFE) was below 20 so I tried to pick up 100 shares at 19.50. Prosper has been anything but prosperous lately as 2 of my new loans (a D and an HR) have gone late. Idiot dummy ***bangs head on wall*** Why do I keep doing this to myself? So what if they …
