Archive for October, 2006
Tuesday, October 31st, 2006
The Collapse of Health Insurance
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. As the company I work for prepares to roll out our new health […]
1 Comment » - Posted in Financial Safety by RichSlick
Monday, October 30th, 2006
Rich Slick Expands w/ New Website!
I have been fairly disappointed with the finance blogging world. My main concern is that no one seems to be offering any real advice on how to earn some extra cash with investments. No one seems to want to stick their neck out and publish how well or bad their investments are doing […]
No Comments » - Posted in Money Trades by RichSlick
Saturday, October 28th, 2006
Arbitrage, Universal Default, and the Credit Report
A post by mm over at http://www.pfblog.com got me thinking about my credit card arbitrage deals and the “universal default” clause most credit cards have these days.
I began to wonder what would happen if some deadbeat’s credit file got merged or added to my pristine credit file. Will credit card companies assume those bad loans/debts/missed […]
No Comments » - Posted in Easy money by RichSlick
Friday, October 27th, 2006
Blogger meets Author
I am truly amazed at how the internet is transforming the business world on so many levels. A few weeks ago I posted a review of a book that changed my whole outlook on investment strategy Covered Calls & Naked Puts and a couple of weeks ago I was contacted by the author of […]
No Comments » - Posted in Book Reviews by RichSlick
Thursday, October 26th, 2006
Federal Reserve Corporation keeps rate the same
The Federal Reserve Corporation left rates unchanged yesterday so we chug along at 5.25% despite rising inflation everywhere. MSNBC had a story about college costs rising 6% a few days ago while health insurance costs are up 7.7% over the past year.
I wrote about my grocery shock last week when a gallon of milk, […]
No Comments » - Posted in The Fed by RichSlick
Wednesday, October 25th, 2006
Paycheck Redistribution
I’ve written about how I use holding accounts to separate money from my paycheck automatically along with other creative uses of these holding accounts. As we come close to ending the 2006 calendar year I’ve made some changes to my paycheck distribution that I’d like to share with you and why I did them.
My pay […]
No Comments » - Posted in Money Management by RichSlick
Tuesday, October 24th, 2006
Alternative Economic Indicators
While many investors look to the Department of Labor job statistics, the Federal Reserve FOMC meeting minutes or company earnings to get indicators as to how the stock market will perform in the near future I like to look at some more creative and alternative economic indicators for investing insight and predictions.
One such alternative indicator […]
No Comments » - Posted in MMO by RichSlick
Monday, October 23rd, 2006
XLE - Finally got called
As I wrote about last Wednesday, I finally got called out on XLE at 54. Here is a quick recap of the money I made on this ETF from March through October 2006.
Date
Activity
Symbol
Share Price
Cost
3/27/2006
Bought100 Shares
XLE
$54.14
-$5419
3/27/2006
Sold 1 Contract
XBTIB
$4
$385
7/31/2006
Dividend
XLE Dividend
$19.75
$19.75
9/18/2006
XBTIB EXPIRED
XBTJB EXPIRED
-
-
9/19/2006
Sold 1 Contract
XBTJB
$1.30
$115.00
10/3/2006
Dividend
XLE Dividend
$17.67
$17.67
There’ll likely be a fee for the call but overall I still […]