Archive for May, 2008
Saturday, May 31st, 2008
Hyper-inflation Is Here; Check Your Airline Miles
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 friend updated me on some news regarding airlines miles. Evidently there has […]
3 Comments » - Posted in Observations by RichSlick
Monday, May 26th, 2008
It’s 3 a.m. Do You Know Where Your Profits Are?
Happy Memorial Day! It looks like Asia stocks getting slaughtered over the holiday, sound familiar? Remember that last holiday weekend when the Fed panicked? Good time to be in cash .
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No Comments » - Posted in Misc by RichSlick
Friday, May 23rd, 2008
The US Dollar is so 20th Century
Do you remember the glory days of the British Pound? There was a time when Sterling was the ruling currency of the world (1800’s) and if you look closely at the US Constitution, Article I Sections 9 & 10 have the term “dollar” in them but the basis of that particular dollar was Spanish milled […]
No Comments » - Posted in Money Management by RichSlick
Thursday, May 22nd, 2008
All Airlines To Offer $0.99 Flights!
Yup, it’s official. All airlines will officially start selling all flights to ANY location for $0.99. There are a couple of catches so here’s how it will work:
All tickets will be priced at $0.99
Customers must pay the following mandatory fees:
-First Checked Baggage Fee $25
-Second Checked Baggage Fee $125
-Fuel Surcharge $175 + $0.25/mile
-Security Fee $100
-TSA Fee […]
No Comments » - Posted in Rants by RichSlick
Wednesday, May 21st, 2008
What Bubble Will The Fed Give Us Next?
Nasdaq bubble - done. Real Estate bubble - done. Commodities bubble - in progress. Next Bubble? Everyone and their favorite pet is pouring into commodities and that’s usually the time to get out so what’s the next big bubble? It’s important to get in at the EARLY stage of the bubble not the […]
No Comments » - Posted in The Fed by RichSlick
Monday, May 19th, 2008
I’m Done Paying Social Security Taxes For The Year!
I got my paycheck stub this weekend and I was bewildered why my take home pay increased. I knew I hadn’t received a raise so after comparing check stubs from my last paycheck I realized that I have reached the cap on social security taxes for the year!
Evidently during the last bonus I received a […]
No Comments » - Posted in Money Management by RichSlick
Friday, May 16th, 2008
Anatomy of an ETF Covered Call - OIH
OIH is on fire! A while ago, Mrs. Micah asked, “Do You Have an Investing Exit Strategy” and I couldn’t help but associate that question with my ETF Covered Calls investing strategy. Let’s review a specific journey on a specific investment I recently made.
In December of 2007, I bought 200 shares of […]