Archive for November, 2006
Thursday, November 30th, 2006
I Hacked A Phone & Saved A Lot of Money
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Get Rich Slow + Get Rich Quick = Get Rich Slick. If you’re new here, you may want to subscribe to my RSS feed. My wife’s cell phone finally died and we called up our provider to […]
No Comments » - Posted in Cascading Expenses by RichSlick
Thursday, November 30th, 2006
Almost Opened a Zecco Account
I have been researching brokers to open a new “arbitrage” brokerage account as an experiment on my fairly successful ETF covered call trades. I’m planning on executing a few covered calls on ETFs to gain at least an 8% return on my money over a 60 to 90 day peroid. The biggest bite […]
8 Comments » - Posted in Financial Safety by RichSlick
Wednesday, November 29th, 2006
Closed Down HSBC Retail Card
I wrote about my HSBC fiasco on Monday and while that situation hasn’t been resolved yet, I’ve decided that I don’t want to take any chances with my HSBC Retail Credit Card. Last year I purchased an LCD TV on a 0% APR for 18 months credit card offered by a retail store. It turns […]
No Comments » - Posted in Money Management by RichSlick
Tuesday, November 28th, 2006
Closed Down INGDirect Account
I wrote yesterday that I was doing some house cleaning on various financial accounts. One of the accounts I closed down was my ING Direct account. Over the past year, ING simply hasn’t kept up with HSBC’s or Emigrant’s yields and I didn’t see any point to leaving the account open. […]
No Comments » - Posted in Money Management by RichSlick
Monday, November 27th, 2006
Warning about HSBC
Over the past couple of weeks, I’ve been reviewing all my accounts, closing down some unused accounts and updating the balances on all my credit card accounts. I was shocked this weekend to learn that my 12 month 0% APR HSBC Credit Card account began charging interest ($100) right in the middle of my 12 […]
1 Comment » - Posted in Watch Out by RichSlick
Thursday, November 23rd, 2006
Happy Thanksgiving
Happy Thanksgiving!
As a special holiday treat, I ran the ETF-Cashinator™ last night and posted the results over at http://www.etfcoveredcalls.com. Have a safe and happy Thanksgiving Holiday.
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No Comments » - Posted in MMO by RichSlick
Wednesday, November 22nd, 2006
It’s not Spend Less Than You Earn, it’s Make More Than You Spend
I wasn’t completely satisfied with my earlier post today. Something kept bothering me about the whole “spend less than you earn” mantra and I couldn’t put my finger on it until now. As long as inflation exists the cost of everything will always go up, you will ALWAYS need to spend more no matter what […]
2 Comments » - Posted in Slow Wealth by RichSlick
Wednesday, November 22nd, 2006
Save! Save! Save! But don’t forget to increase your income!
I’m always amused by advertisements claiming 50% off or 75% off of a product with a strong proclamation that you will SAVE money! You can easily save 110% by not shopping at all; you get to keep 100% savings of not shopping and you save another 10% in gas, vehicle maintenance, tolls, parking and other […]