Archive for February, 2007
Tuesday, February 13th, 2007
How To Create a Money Tree
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. A money tree is a little bit different than a money farm. […]
3 Comments » - Posted in MMO, Money Management by RichSlick
Monday, February 12th, 2007
How To Create A Money Farm
I’ve been wrestling with how to be help people understand how to really build wealth and I have come up with an analogy related to farming that I hope will allow everyone to relate.
It’s simple enough. A farmer buys seed, plants the seed (in fertile soil), nurtures it (water & sun), and […]
2 Comments » - Posted in MMO, Money Management by RichSlick
Friday, February 9th, 2007
How I Earned An Extra $7481 In One Year
It takes money to make money and that $7500 is no exception. Over the past 12 months, I strategically invested money in Exchange Traded Funds, periodically wrote covered calls and profited from the transactions.
I’ve been personally happy with the success of my strategy and I will be expanding it to include arbitrage money soon. In […]
4 Comments » - Posted in Money Trades by RichSlick
Thursday, February 8th, 2007
What’s Wrong With This Picture?
A few days ago, I purchased 100 shares of DXD to double short the Dow. This is yet another reason I love ETFs; they provide mechanisms for shorting a market without resorting to actual futures/options trading to short. The chart shows the Dow climbing up in a straight line for the past 6 months. I’m […]
5 Comments » - Posted in MMO, Money Trades by RichSlick
Wednesday, February 7th, 2007
Classic Case of Government Meddling: Merck, Gardasil & Texas
Many of you know that I take a free wheeling capitalist approach to investments and life but I want to point out a classic case of where government intervention interferes with capitalism and causes nothing but problems.
Background: Merck has developed a vaccine for HPV. Undoubtedly, Merck has spent a great deal of money for research […]
1 Comment » - Posted in Watch Out by RichSlick
Tuesday, February 6th, 2007
Bank of America Spamming Me!
I can’t believe it. I had to double check to make sure that this email actually came from Bank of America and it did.
Bank of America wants to sell me a freaking Razor phone and Verizon service? You’ve got to be f#@$% kidding me. I have kept my Bank of America account open for one […]
1 Comment » - Posted in Rants, Watch Out by RichSlick
Monday, February 5th, 2007
Frugal Advocate - Rich Slick Amazed!
I wrote last week that I decided to play “frugalist” for the month of February and so far I’m pretty amazed. Four pounds of beans cost $1.99, three pounds of rice cost $0.99 and 8 leg quarters cost $5.15 so my total meals for the week should cost $8.13. I must admit I’m […]
3 Comments » - Posted in Money Management by RichSlick
Friday, February 2nd, 2007
Woke Up, Clicked My Mouse and Made $732.00
Modern technology is absolutely amazing! About 20 years ago, it would have taken a couple of phone calls, perhaps an hour and at least $100 in broker fees to do what I did this morning. What did I do? I woke up, got online to check the status of the market, saw an opportunity to […]