Archive for December, 2006

Friday, December 8th, 2006

Portfolio Results So Far 14% and 13% Return

Thanks for visiting. This blog 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. Next Friday will be the last options expiry for the 2006 year and so [...]

No Comments » - Posted in MMO by RichSlick

Thursday, December 7th, 2006

The Correct Definition (and Use) of the Word “Investment”

Over the past few days I’ve seen the word “investment” inappropriately applied to so many things that I’ve had to write this post to vent off my frustration.
Webster defines “investment” as “the outlay of money usually for income or profit”
Given this definition we can conclude that CARS are NOT investments UNLESS you are a car [...]

1 Comment » - Posted in Rants by RichSlick

Thursday, December 7th, 2006

HSBC Is Running A Scam!

I thought my situation with HSBC was unique: For some strange reason, a 12 month 0% APR balance transfer offer I did back in April got hit with a 20% interest rate hike in November with no reason whatsoever. No, I am not late on any payments with any bank or loan to [...]

No Comments » - Posted in Money Management, Watch Out by RichSlick

Wednesday, December 6th, 2006

Is It Time To Fix PFBLOGS.ORG?

I love pfblogs.org and it is the one website I consistently visit daily but lately I’ve noticed more and more and more blogs added to the list and it’s beginning to get rather cluttered with so many bloggers that I don’t have time to click through 5 to 15 pages of blog headings to find [...]

5 Comments » - Posted in Rants by RichSlick

Tuesday, December 5th, 2006

China is the New Dot Com - It’s Too Hot!

One of my favorite ETFs is FXI which is an iShares ETF of China’s Top 25 companies. I’ve seen this ETF grow from the mid 60’s to nearly 100 today in less than six months! But now FXI and China are starting to smell too much like the dot com mania of the [...]

2 Comments » - Posted in Financial Safety, Watch Out by RichSlick

Monday, December 4th, 2006

$50 For Xmas Gift Too Much?

As the Christmas Holiday rolls around we’re hit with the question of how much of a gift is too expensive a gift.  My wife is of the mindset that $50 is a lot of money for a gift.  While $50 might seem like a lot of money, I think she’s not being realistic about the [...]

No Comments » - Posted in Money Management by RichSlick

Friday, December 1st, 2006

HSBC Strike Two (Horrible Customer Service So Far)

Last week I discovered HSBC began charging me ridiculous interest on my HSBC Credit Card account which had 6 more months to go at 0% APR. The lady I spoke with over the phone said she would take care of the issue in 10 to 14 days. I sent an email to Customer [...]

2 Comments » - Posted in Financial Safety, Watch Out by RichSlick

Friday, December 1st, 2006

ETF-Cashinator™ Friday High Yield Covered Calls on ETFs

It’s Friday and I’ll be running the ETF-Cashinator™ later this evening to give you an opportunity to see what potential high yield returns are available for December 06 and January 07 Covered Calls on ETFs.  If you haven’t already done so, stop by and visit http://www.etfcoveredcalls.com.  I will continue to post great finds for FREE [...]

No Comments » - Posted in MMO by RichSlick

Friday, December 1st, 2006

I Bought & Hacked Another Phone

I stopped by and picked up another Motorola C139 phone at my local Walgreens for $20. It’s funny but the girl behind the counter asked me if I was actually going to use the phone or resell it. She said people were going in and buying up large amounts of phones and reselling [...]

No Comments » - Posted in Cascading Expenses by RichSlick