Wednesday, March 26, 2008

IBM purchase

I've been very concerned about inflation for the past year and one of the big reasons I was holding GLD and SLV until they spiked like crazy. I read that another hedge against inflation is big chip companies and since they have not moved in years I've been holding GE (5%) for the past year and it has done fairly well for me.

Today I bought IBM at 115.51 (6% of my account).

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