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Friday, June 16, 2006

Cash is King

I just opened a GMAC money market account (gmacbank.com). I am very pleased with their customer service. The web site is user friendly. I also just bought some shares of United Dominion Realty (UDR). UDR is an apartment REIT and should be less volatile than the broader market. Last Friday I sold my positions in America Movil (AMX) and Bema Gold (BGO).

2 Comments:

Blogger Big Ben said...

UDR will be a nice slow and steady stock. BGO is more volatile and thus commands a greater return.

6/23/2006 1:53 PM  
Blogger Big Ben said...

Looking4mee,

Nothing happens to your shares. Maybe you will see some more volatility. Same thing happened to my shares of Silver Wheaton (SLW).

6/24/2006 3:38 PM  

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