This is why I stopped using wands (Mage Wand or Elemental Wand).
I found that, action wise and spb-wise, it wasn't always as efficient as I'd like it to be. I'd rather just add one more of that attack spell you're intending to bind .
Unless you can really pressure well the opponent into making tough choices, the wand is probably going to get dissolved soon enough, so you do not really get the benefit out of it completely and still lose your attack spell.