Friday, May 2, 2008

EIX (Edison) purchase

I'm missing my GLD (Gold) and SLV (Silver) hedges against inflation. I did some digging and found that big caps are good and I've been buying those lateley, but I also learned that utilities are good since they also just raise prices with inflation. So I made a 1.9% of my account purchase in EIX (Edison) at 53.09. I almost made it a 4% purchase, but I'm going to split it into two purchases so you'll probably see another buy next week.

My account did a nice uptick yesterday thanks to DRIV, SNE and ATVI. I don't expect it to hold, but it is nice to see positive days.

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