Archive for February, 2009
Saturday, February 28th, 2009
My Brother Wants To Massively Short The Dow Jones Index
So my brother came by last night for a visit and we started talking about the stock market. He and a buddy of his want to massively short the Dow Jones Index for 3rd or 4th quarter of 2009. He asked my thoughts on the strategy and I told him to be careful.
I actually believe [...]
2 Comments » - Posted in Watch Out by RichSlick
Friday, February 27th, 2009
LinkedIn: The Future of Job Markets?
I have a love/hate relationship with LinkedIn right now and I’m formulating a theory around the social networking movement that makes me think that it is the future for job markets supplanting job boards and websites like Monster, CareerBuilder and Indeed to name a few.
The reasons are quite simple:
From an end user standpoint, LinkedIn allows [...]
1 Comment » - Posted in LinkedInRatio by RichSlick
Thursday, February 26th, 2009
The Great Milk Conspiracy
I’ve been perplexed about something I’ve seen at the grocery store over the past few weeks. I generally buy organic milk when I go grocery shopping and it is usually 2 or 3 times more expensive than the regular white liquid that goes by the name of milk. For the past few weeks, the grocery [...]
No Comments » - Posted in Uncategorized by RichSlick
Wednesday, February 25th, 2009
Debt Collection To A Whole New Level
I get a large array of calls from debt collectors looking for people that have the same name I do but owe someone, somewhere money. Lately, I’ve been inundated with debt collectors calling me and asking if I know my neighbors phone number!
Here’s how one call went recently.
Phone: Ring…Ring…Ring
Me: Hello?
Phone: Hi, do you know XXXXXXXX, [...]
1 Comment » - Posted in Evil Profits by RichSlick
Tuesday, February 24th, 2009
Quizno’s Free Sub Promotion Sucks
I’ve spent the better part of the last hour trying to print that free Quiznos sub and it won’t print no matter what. I tried it from different computers and different browsers and still no luck. Oh well, I won’t be going to Quiznos anytime soon after putting me through so much aggravation.
Of course, I [...]
2 Comments » - Posted in Rants by RichSlick
Tuesday, February 24th, 2009
You Really Don’t Want A Gold Standard To Return
Continuing on yesterday’s discussion about what to do in the post economic collapse (ecopalypse), my friend wants to return to a gold standard. While I own physical gold and agree it’s prudent to own some, it’s not the panacea that many people think it will be to return to a gold standard.
For starters, if gold [...]
2 Comments » - Posted in Financial Safety, Watch Out by RichSlick
Monday, February 23rd, 2009
It’s Official, Lost Decade Is Here, Dow Closes At 1997 Levels
Check the Dow lately? It’s down to 1997 levels so we are now officially in a lost decade. The question: Will the Dow stay here for the next 10 years or shoot to 17,000?
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2 Comments » - Posted in Uncategorized by RichSlick
Monday, February 23rd, 2009
Three Hundred Million People Can’t Have Their Own Farm
I was talking to a friend about the coming epocalypse (economic apocalypse) and what to do the day after. He strongly suggested that I buy a farm or land and start growing my own food. I retorted that is was unrealistic and unfeasible for every American to go out and start [...]
1 Comment » - Posted in Financial Safety, Money Management, Watch Out by RichSlick
Saturday, February 21st, 2009
It’s Gonna Be A Cruel Summer
You need to prepare for it today. Watch the video.
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No Comments » - Posted in Watch Out by RichSlick
Friday, February 20th, 2009
The Best Videos For Explaining The Housing Mess
These are the best videos explaining the housing mess and ensuing economic crisis that I’ve seen so far.
The only thing left out was the fact that the money for the whole scheme came from the average Joe investor through his bank deposits (from paycheck), from his 401k contributions, and from his pension and other retirement [...]