Archive for July, 2007

Tuesday, July 31st, 2007

Book Review – Safety 1st Investing by Wade Cook

I picked up Wade Cook’s Safety 1st Investing when it was recommended by a reader.  I read the book a while back and I’m just now getting around to writing a review of the book.  Wade Cook does a good job covering all the different types of stock trading & investing: Diversification; Company News & […]

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Monday, July 30th, 2007

Book Review – The Millionaire Mind by T. Harv Eker

It is comforting to know that there are people out there that think the same way I do and Harv Eker’s The Millionaire Mind covers many topics I’ve covered here on my blog over the past year. If I ever sat down to write a book, it might nearly be The Millionaire Mind almost word […]

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Friday, July 27th, 2007

Index Funds Giveth, Index Funds Taketh

The 500 point Dow drop over the past couple of days illustrates, to an extent, how you can never really time the market. Index funds got clobbered today. The second best alternative is to profit when the market goes up and when the market goes down. How is it possible to do this? There are […]

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Thursday, July 26th, 2007

Tempted By The Money Devil

I got called on my UNG holdings last week after options expiry. Since selling at $41, UNG has now dropped to around $39 and everyone is talking about getting a small piece of this commodity play. Unfortunately, too many people are betting on a tired horse and a hurricane that may never come but who […]

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Tuesday, July 24th, 2007

Do You Know Where Your Stock Certificates Are Tonight?

Bloomberg recently published threshold securities table which shows ETFs, Stocks and Funds that show outstanding unsettled stock trades in which “stocks for which sellers failed to deliver 10,000 shares or more in the past five trading days and the level of “fails” is a minimum of 0.5 percent of the shares outstanding” over here. So […]

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Monday, July 23rd, 2007

1000 TV Channels, Why Not One Dedicated to Car Buying?

I’m currently in the market for two new cars. We were considering Cadillac Escalade and the Lexus RX 350. We went to test drive a few cars and were truly surprised to really like the Hyundai VeraCruz. Compared to the Lexus, it was nearly identical in so many ways sans the logo. We actually liked […]

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Thursday, July 19th, 2007

How To Earn $1 Million By Watching TV

Yahoo has this story about how NOT watching TV can save you a million dollars.  I’m writing this to counter that argument and illustrate how you could possibly earn $1 million with a TV. TV: Although TVs are expensive to buy initially, when you factor in the ROI (see below) you’ll understand it’s a great […]

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Wednesday, July 18th, 2007

Mortgage Arbitrage, The Undiscovered Country

Now that credit card arbitrage is dying a slow death, I’ve been tweaking a system for mortgage arbitrage. I actually need to speak with a loan officer to find out if this little plan of mine is going to work or not. Unfortunately, I’ve been too busy at work to get away for a few […]

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Tuesday, July 17th, 2007

I Need an iPhone!

Yes, it is a need and not a want. The iPhone has everything that I’ve been looking for in a computing device. The one feature I don’t want of course is it’s cellular capabilities. When you start to think about the efficiencies this device creates it really hits you. Here’s just a sample from my […]

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Monday, July 16th, 2007

Why Charity and Tithing Isn’t For Me

As I was reading the Sunday paper, I came across an AP story that reported that the L.A. Catholic Diocese has shelled out $600 million dollars to settle their child abuse allegations.  That’s not a typo, it is SIX HUNDRED MILLION DOLLARS! I wasn’t sure what really bothered me the most with this story.  The […]

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