Archive for August, 2006
Tuesday, August 29th, 2006
America’s Infrastructure - Who is John Galt?
Thanks for visiting. This Blog and is intended for individuals with Net Annual Income of $105,000 or more.
Get Rich Slow + Get Rich Quick = Get Rich Slick. If you’re new here, you may want to subscribe to my RSS feed. I wrote about failed power utilities, failed pipelines in a few other posts […]
2 Comments » - Posted in Financial Safety, John Galt by RichSlick
Tuesday, August 29th, 2006
Cascading Expense Lifestyles - HDTV
This past holiday season, we purchased a High Definiton LCD TV. After seeing prices drop from $10,000 a few years ago to $1000 we decided the time had come for us to try HDTV. We paid about $1100 for a 37″ LCD HDTV. We’ve been quite happy with the quality and resolution […]
No Comments » - Posted in Cascading Expenses by RichSlick
Monday, August 28th, 2006
The Perfect Storm - Financial World Markets Imbalance
Newsweek has an interesting story this week regarding the vast amount of wealth China is acquiring day by day. Sometime next month, China will accrue over 1 trillion US dollars in their reserves from mostly their trade with the US. Every month, the cash horde increases by 17 billion for China.
This article refreshes the idea […]
No Comments » - Posted in Financial Safety by RichSlick
Monday, August 28th, 2006
Why I despise mutual funds and the industry
I despise the mutual fund industry but before I tell you why I’d like for you to think about Bill Gates. Mr. Gates is one of the wealthiest people in the world. A great deal of his wealth, however, is tied up in Microsoft stock. Keep Bill (and his wealth) in mind while I tell […]
No Comments » - Posted in Financial Safety by RichSlick
Sunday, August 27th, 2006
Estimating your own FICO Score
I recently purchased Quicken 2007 and I’m wondering why Intuit didn’t include any kind of FICO simulator. There are plenty of areas to enter credit card info, interest rates, credit limits, and more so you’d think Quicken could take these numbers and simulate a score for you!
I’m working on creating my own FICO simulator and […]
1 Comment » - Posted in Credit Cards by RichSlick
Saturday, August 26th, 2006
Washington Mutual - Aggressive Marketing
Washington Mutual is aggressively pushing me to sign up for one of their credit cards and they’ve run through the whole gambit of gimmicks to get me to do it. I’ve received these offers over the last 10 days.
Offer 1 – “Colorful” credit cards with free access to credit scores, coupons and credit line […]
4 Comments » - Posted in Credit Cards by RichSlick
Friday, August 25th, 2006
Covered Calls on ETFs - Part IV
I described the long hard way of finding the right ETF to invest –go through the list and look for the right opportunity. I also have an easier way that unfortunately, for the time being, I won’t be able to share with you. I’ve developed my own application to scan all ETFs trading […]
No Comments » - Posted in MMO by RichSlick
Thursday, August 24th, 2006
Covered Calls on ETFs - Part III (The nitty-gritty)
Finding the right ETF to execute a covered call on can be a daunting task. A list of all optionable ETFs can be found here:
First, we must limit our scope to find the right ETF. In order to sell a covered call, you must own at least 100 shares of the ETF. […]