Archive for March, 2007
Wednesday, March 14th, 2007
Zecco Rejected My Account Application
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. Whoa….I received a notice this week that Zecco has rejected my application to open [...]
No Comments » - Posted in Rants, Watch Out by RichSlick
Tuesday, March 13th, 2007
Cascading Expense Lifestyles - Bedding II & Tempur-Pedic
In early January, I wrote that we would be purchasing a new mattress for our bed. It turns out I was way off on what I thought our mattress would cost. After trying out a few beds at a few stores, we finally settled on the King “Celebrity” version of a Tempur-Pedic mattress [...]
1 Comment » - Posted in Raves by RichSlick
Monday, March 12th, 2007
Currency Trading - Make/Lose $1500 in 30 Seconds
A year ago, one of my hobbies was currency trading and through a series of unfortunate events, I stopped my trading but have been itching to get back in the game.
A few key things you need to know about currency trading:
1. It is NOT for everyone (especially the faint of heart). Currency traders [...]
No Comments » - Posted in MMO by RichSlick
Friday, March 9th, 2007
“It’s better to get rich slow than not to get rich at all”
One of the greatest things about the web and PF Blogs is that you can exchange ideas with the entire planet. I always find comments interesting and try to respond to them whenever possible but I had a comment posted for which I don’t have an answer.
The comment was in response to a post [...]
No Comments » - Posted in MMO by RichSlick
Thursday, March 8th, 2007
Do Markets Go Up Forever?
There seems to be a great deal perpetual optimism when it comes to US investment markets. I think most people understand that the US stock market has its ups and downs and that over the long run, the US market has returned about 10% on average year over year.
Unfortunately, my investment philosophy doesn’t agree [...]
6 Comments » - Posted in MMO, Money Management by RichSlick
Wednesday, March 7th, 2007
Learning About the Difference Between Mutual Funds and ETFs
Let’s take a look at a real world example of an ETF compared to a mutual fund. Click on image graph to follow along. If you had invested some money in a Semiconductor mutual fund like SMPSX back in early December 2006, you would be at an overall loss of about 5% right now. If [...]
1 Comment » - Posted in MMO, Money Management by RichSlick
Tuesday, March 6th, 2007
Learning To Invest The Third Grade Teacher Way
In the third grade, I had a mean teacher that would make me write down the multiplication tables over and over again until I had them all memorized. The penalty for failure was to write them over 10, 20, or 30 times until I knew them. Forgive me for being redundant but I’m [...]
6 Comments » - Posted in MMO, Money Management by RichSlick
Monday, March 5th, 2007
Learning to Invest During Roller Coaster Periods
Last week was a brutal week with the Dow dropping 500+ points. If you are a static investor (a.k.a mutual fund investor) then you probably sat there and watched your WXYZX Mutual Fund plunge rather helpless. Now you are waiting for the market to recover. All last week, I found myself cheering for [...]
3 Comments » - Posted in MMO, Money Management by RichSlick
Friday, March 2nd, 2007
A Special Treat For Mutual Fund Losers
It’s been a brutal week on Wall Street for some. Smart money earned extra profit this week while most mutual fund holders probably lost their shirt and a pair of socks. Oh yeah, it must be a great time for mutual funds holders to “dollar cost average” (snark) yourself back up.
Today is Friday [...]