Archive for December, 2006

Friday, December 29th, 2006

My New Health Insurance Rates – What a Rip Off!

It is getting so ridiculous now to pay for health insurance that I am certain we are on the verge of the collapse of the health insurance industry. Our new health insurance premiums were unveiled this week at my company and I now have the privilege of paying $450/month for health insurance. It gets worse! […]

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Thursday, December 28th, 2006

How To Lose A $25,000 Customer Over $120.00

I purchased a 42″ LCD TV for my parents this Christmas over at MicroCenter for about $1200. While at the store, I asked the sales guy if they offered shipping and he said that they only delivered locally. My parents live about 400 miles away so delivery wasn’t an option. I purchased the TV and […]

4 Comments » - Posted in Rants by

Thursday, December 28th, 2006

Goals for 2007

Here is a short list of my goals for 2007. 1. Grow Power Funds & Mini Account Portfolios by 20 percent using ETF Covered Calls. 2. Get Subscription Service for the ETF-Cashinator up and running. 3. Decide on whether or not to go back to school to get an Executive MBA (largely decided by Admissions […]

2 Comments » - Posted in Uncategorized by

Wednesday, December 27th, 2006

China – An Excellent Article

I came across an excellent article written by Tony Sagami over at Money & Markets on US companies forays into China that I’d think everyone who’s interested in investing in China should read.  You can read the article here.

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Monday, December 25th, 2006

Do You Remember The Breakfast Club movie?

I received an unintentional and unexpected gift this holiday season from a commenter in the form of a link to his blog. Why was it a great gift? It was a gift because his (or her) blog focuses on capitalist ideology and he (or she) has links to a wide variety of capitalist investor blogs. […]

1 Comment » - Posted in Uncategorized by

Saturday, December 23rd, 2006

Final Post on Frugalism vs. Capitalism

I received some comments and emails on this topic and evidently it stirs up emotions in a lot of people so I’m going to frame this arguement in a context I hope everyone can understand but this will be the end of it.  I’ve spent too much time on this topic already and I need […]

11 Comments » - Posted in Money Management by

Saturday, December 23rd, 2006

Buying Back SMH Options

A couple of weeks ago, I bought 1000 shares of SMH and sold January 2007 $35 Calls for $0.85 and I’m contemplating buying them back since SMH has dropped down to $33.27 and those same calls are now selling for $0.25.  This would translate into a profit of $600 for a couple of weeks work.   […]

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Friday, December 22nd, 2006

Using Monster.com For Investment Research

I’ve been reading many doom & gloom forecasts for the US economy primarily because the housing sector is slumping  but  the real story behind the economy can be extrapolated in part by what is happening on Monster.com. Monster is a huge job board and I periodically log on to see how the job market is […]

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Thursday, December 21st, 2006

Frugalism vs. Capitalism II

Lazy Man & Money replied with a counter argument to my post regarding Frugalism vs. Capitalism and the old chap put on a good show but I have to issue a response and here it is: “That extra dollar will be taxed” Are you seriously arguing that you shouldn’t earn extra money because you’ll be […]

9 Comments » - Posted in Money Management by

Thursday, December 21st, 2006

Iran to Replace US Dollars with Euros

Just came across this interesting news item regarding Iran’s decision to move from USD to Euros for foreign transactions. This can’t be good for the USD since it’s been on the ropes now for quite some time against the majors: GBP, EURO and YEN amongst others. If true, this would also impact the price of […]

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