How to Become a Successful Pharmacy Technician

If you want to opt for a vocation where you can serve patients, tend to their ailments and, at the same time, get involved in the drug industry, what can be more fitting than being a pharmacy technician? Around the country, pharmacies provide medication to people in need. The major role is played by the pharmacists or health professionals who take care of the patient’s diseases and their medications. The technicians are generally appointed to lend a helping hand and assist the pharmacists. They provide pharmaceutical care in some cases.To know how to become a pharmacy tech you should be well aware of the prospects and kind of training required.Career ProspectsThe pharmaceutical industry is a fast growing profession and is expected to grow 32% from the year 2006 to 2016. Pharmacy technicians passing out from genuine institutions are employed in dispensaries or pharmacies. According to surveys, two third of the trainees work in retail pharmacies and drug stores. They work independently or under a retail chain and, sometimes, also in biomedical laboratories. A section of the remaining technicians are appointed in hospitals where they carry out clinical roles and provide medication. Technicians also get involved with the internet pharmacies where they offer counsel and work by mail order. They also serve the Federal Government and tend to warfare patients.Basic Training ProgramsAt many healthcare units, pharmacy technicians are employed without any formal training. However certain facilities prefer their employees to undergo training and certificate courses before they join work. There are some institutions where such trainings are provided, but those certificates are voluntary. Certificate renewal has to be done in every 2 years through 20 hours additional education program. The Institute for The Certification of Pharmacy Technician offers national certificates for the aspiring. Many pharmacies run internship curriculum where the students are given hands on experience. Other than that, diploma or degree programs are offered by many hospitals, technical colleges, armed forces and proprietary schools.Educational RequirementsFor suitable employment, you should be well acquainted with the various jobs performed by a pharmacy tech. The Pharmacy Technician degree and diploma programs provide students with appropriate knowledge and experience. As basics, they teach you preparing and dispensing medications, proper maintenance of medical records, stocking of drugs and labeling of prescribed medications. You are also taught customer service skills and demonstration abilities.Remuneration Your earnings can vary with your work place. Your know-how also counts and as you grow to be an experienced professional, your pharmacy technician salary also sees the high. For a beginner, the offered pharmacy tech salary is around $27,384 to $33,933. However for those at a higher rank, the salary goes up to $37,097. For others, the salary falls in between. With increasing job prospects and demand, pharmacy technicians are gradually making more money.Many aspiring students want to know how to become a pharmacy technician. For them, it is required to gather information about healthcare schools and enroll their names accordingly.

SPDN: An Inexpensive Way To Profit When The S&P 500 Falls

Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio

By Rob Isbitts

Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.

Begin an Online Business

Any entrepreneur or person looking to make more money in their life thinks about how to begin an online business. Many don’t take the time to look into it because they think it will be to complicated or take years of schooling before they can begin an online business. The reality is that anyone with a basic understanding of computers and the internet is well enough equipped to successfully start an online business and learn as they go. Let’s look at how to start your business online.Finding What’s Right For YouOne of the most important things for you to do is find a product or service that you truly believe in. Anything can be successfully marketed online so make sure to choose something you are really passionate about or see real value in for the average customer.Many sites are available for you to choose products from like ClickBank.com or cj.com. Many downloadable products from weight loss plans to how to manuals are available at these sites. You can choose from these products and market them on your site or blog to earn commissions. This is called affiliate marketing. Or you can decide to market a product of your own.An Online Business Marketing CampaignThere are many ways to market your chosen product. With so many ways to market your product it is important to begin with only a couple different techniques and add more as you progress. Methods of marketing include article, video, forum, social networking, blogging and many many more.It can become easily overwhelming to try and study and implement so many different strategies, so become an expert at 2 or 3 before beginning to try and learn all of them. You can easily waste your time learning everything about everything and not taking the time to actually use some of the methods. Don’t fall into that trap.Find Successful Online PartnersTo begin an online business takes consistent daily effort before you start seeing results. If you aren’t using some of the more successful methods out there your online business can become very frustrating.One of the best ways to make sure you’re online business is going to be successful is to find an online mentor that is already successfully marketing online. There are many businesses out there that offer not only great products and services but also great mentorship.It is great to have a mentor that is already finding success online because you know he/she can show you what they are doing to create that success. You should also find a program that offers the mentor incentive to continue working with you such as bonuses for him/her when you are successful at marketing your product.