Anyway, I sold my PM position to buy some Wells Fargo Company (NYSE: WFC) a few weeks ago. Both are up but I think I'm better off with WFC. After this storms subside I agree with Morningstar that the Financial Sector will have the most gains in the next 3-5 years (which is a gimme since they've been taking the most losses in the past year!). I also increased my position in PGF today. Let's hope for a nice boost in Financials while I'm in Tahoe ignoring the market! =)
Tuesday, February 03, 2009
broke as a joke
I just got back from Tokyo, Japan last week, it was great seeing first hand the culture that directly influenced the way I was raised. Besides the part where I got sick (caught a bit of the flu epidemic that's going on there right now), it was an excellent experience and a 100% definite do-over next year. If I have the money of course, since I've been maxing out my 401k, which I highly recommend everyone should do since the market is really low (also since this year's max contribution has been increased to $16.5k). So I'm hurting a bit in terms of having petty cash to spend, but it's all part of the plan to retire early, comfortably. The Tahoe trip that I'm taking this week isn't going to help my savings growth though!
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