Archive for November, 2008
Saturday, November 29th, 2008
People Who Shop At Wal-Mart Are Animals!
I’ve been busy this weekend and just learned that a man died at Wal-mart as he was stampeded to death much like if he were in an African Sahara killed by runaway elephants or rhinos except this poor man was killed by wild animals shopping at Wal-mart when the store opened for black Friday. The [...]
3 Comments » - Posted in Watch Out by RichSlick
Friday, November 28th, 2008
Black Friday Is So Dead
Wow, we had Thanksgiving Dinner last night and only a single person seemed interested in any kind of Black Friday deals. No one expressed any interest in getting up at 4 a.m. to go shopping for crap this year and I can’t blame them. I could never understand why people wake up so early to [...]
1 Comment » - Posted in Money Management by RichSlick
Thursday, November 27th, 2008
Happy Thanksgiving!
If you’re not sure what you need to be grateful for them perhaps this little video might help…. Here’s a hint… …Everyday we wake up We choose Love We choose light And we try, it’s too easy just to fall apart Plastic Bottles Imported Water Cars we drive wherever we want to Clothes we buy [...]
No Comments » - Posted in Uncategorized by RichSlick
Wednesday, November 26th, 2008
The FICO Credit Card Conspiracy?
I’m being inundated by e-mails and comments that people’s FICO scores seem to be dropping mysteriously for no reason. People don’t appear to be late on any payments and not increasing debt or credit lines so what’s happening? I’m beginning to wonder if the banks are involved in these shenanigains as many credit card banks [...]
No Comments » - Posted in Credit Cards by RichSlick
Tuesday, November 25th, 2008
These Will Be The Best Black Friday Deals For A While
Right now, every CEO around the world is contemplating the financial crisis and wondering how much to cut back in production and investment for whatever widget or service they provide to the consumer world wide. This black friday, there will be many great deals on TV’s, clothing, cars, and just about everything you can think [...]
No Comments » - Posted in Money Management by RichSlick
Monday, November 24th, 2008
Frugal Lunches: Strip Clubs?
As I drove to work this morning, I noticed a new sign over one of the city’s “gentleman’s club” and couldn’t help but notice a sign that read, “Dollar Steak Buffets Are Back” over the establishment. It got me thinking if this is a good strategy to save money on lunch and I’m wondering if [...]
4 Comments » - Posted in Uncategorized by RichSlick
Saturday, November 22nd, 2008
I Bought God Lunch Earlier This Week
I was on my way to have lunch with a friend earlier this week but I over anticipated traffic so I got there about 30 minutes too soon. I was so hungry, I figured a $0.99 Mickey D’ double cheeseburger could tide me over until we met for lunch so I drove into a McDonalds [...]
6 Comments » - Posted in Philosophy by RichSlick
Friday, November 21st, 2008
What’s Your Game Plan For A Lost Decade?
There have been many comparisons of our current credit crisis to the Japan crisis of the 90′s and the ensuing “lost decade” in which equities returned essentially nothing after inflation and adjustments. If you were to assume that the U.S. stock market is heading toward a “lost decade” then what is your investing game plan? [...]
2 Comments » - Posted in Money Management by RichSlick
Thursday, November 20th, 2008
What About Intel and AMD, Too Big To Fail?
With all the talk about Ford & GM, it seems that Intel and AMD stock are on their way down to oblivion. Intel has a current market cap of 62 billion and stock price of $12.25 and dropping as the days pass by… AMD has a market cap of 1.6 billion and their stock is [...]
No Comments » - Posted in Observations by RichSlick
Thursday, November 20th, 2008
Pulling Money Out of the Market
I’ve decided to pull a chunk of short term money out of the market. Nothing in this market makes sense any more and luckily I got a good exit point on my latest short position (DUG) to exit at a break even point. I’m keeping long term funds in the market but the short term [...]