Bought Ivy fund and more municipals from John Snowden

Yesterday John Snowden called me and told me I had 100k in cash in account due to sale of longer term municipal bonds.  I told him to buy 30k of Ivy New Opportunity fund (INOAX) which he had told me about, and 70k of municipal bonds less than 5 year maturity.  This is in Morgan Keegan non IRA account.

Bought VEUSX today for Macon road

Today I bought $50,000 of Vanguard European Stock index fund (VEUSX).  That fund follows the MSCI Europe Index.  We need more stock (as opposed to bonds and cash) in the Macon road portfolio, and we already have some US large cap and US small cap.  We also already have some Pacific and emerging markets index funds.  I picked the amount of $50,000 because that's the amount of the money I recently sent to Vanguard that came from the Macon road CD at Cadence.

Wired 250k from T Rowe Price Hacks acct to Regions acct

Today wired $250k from T Rowe Price Hacks Cross account to Regions Hacks Cross account.  I did this so we can then transfer the money into the Shamrock account at Regions to rectify debt service coverage ratio problem.  Robert Clark at Regions called me about this last week.

Bought VEUSX Europe fund today

Today I bought $25,000 of Vanguard's Europe fund VEUSX in my personal vanguard account.  It follows MSCI europe index.  I got the money from my Vanguard money market account VMMXX.  I read in Ken Fisher's book that you should invest by following a benchmark.  I need to have more money invested in equities and also more invested globally, so I bought this fund.

possible investments

USO - pure oil commodity fund
CNDA - canada small cap --- expense ratio 0.69% according to IQ site
EWC - canada large cap --- expense ratio 0.55% (yahoo finance)
KROO - australia small cap
EWA -  australia large cap --- expense ratio 0.55% (yahoo finance)

Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX) (municipal bond fund)

Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) ($50,000 minimum)
VWSUX has an average duration of about 1.2 years.

Vanguard Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX) ($50,000 minimum)
VMLUX has an average duration of about 2.5 years.

Bought TRP and Encana

Today I bought $10,000 of TRP (transcanada corp) and $10,000 of ECA (Encana) in my Fidelity personal account.  Encana is a good company to buy if you want to be invested in natural gas.  TRP was reccommended by Ken Fischer in 25-Oct-2010 Forbes column.  They have natural gas pipelines.  I want to be invested somewhat in Cananda and also in commodities, and natural gas is a commodity.

macon road partners - bought short term bonds

Today I sold $517,145 worth of VFIDX (intermeiate term bond fund) and bought VFSUX (short term bonds).  I did this because interest rates appear to be so low that they have no where left to go but up.  And I think there will be inflation.  The fed is talking about doing "quantitative easing".