I periodically read various blogs out there to see what’s on people’s minds. I like reading comments and questions people post on a blog. Lately, I’ve been reading a great deal of how debt (all kinds) is bad. I’ve read articles on how credit card debt is bad…. I’ve read articles on how student loan…
Month: September 2006
CNBC – The best comedy channel on cable TV
Some people think Comedy Central is the best comedy channel on cable TV but I like to laugh it up watching CNBC. Yesterday was the perfect example of how funny CNBC can be; the Dow was “rocketing†up to an all time high around noon near 10750. The computer graphics guys were busy flashing “Breaking…
Credit Card Arbitrage – A Win-Win for Banks
As some of you know, I took out a 24k loan from my credit card at 0%. The zero rate was only for 6 months so I took the money and placed it in a high yield CD earning 8%. The gross profit on this transaction will be about about $1200. The 0% rate runs…
October 2006 ETF Covered Call Report
I hope everyone enjoyed this weeks book review. I’ll try to do another one in six months time after I read some additional books that have been recommended by readers and other bloggers. Getting back to Exchange Traded Funds Covered Call transaction, I ran a report to see where the “action†was heading into October…
Book Review – The Truth About Money & The New Rules of Money by Ric Edelman
It’s amazing to think that it has almost been 10 years since I picked up my first “finance†book.  I tend to keep all my finance books and last night I glanced at the first one I had purchased; it was a book named The Truth About Money by Ric Edelman published in 1996. Ric…
Book Review – Atlas Shrugged by Ayn Rand
While not exactly a finance strategy or tactics book, Atlas Shrugged by Ayn Rand is a MUST read book for all investors. The book was written over 40 years ago but I continue to see parallels of her fictional world and our real world today. Who is John Galt? Essentially, the book is fictional account…
Book Review – Covered Calls & Naked Puts by Ronald Groenke
After the dot com crash, many friends gave up on the market and resided to either move their money into cash or invest in highly conservative mutual funds. Not happy with either of those choices, despite losing some money in the crash of WorldCom, I decided to invest in a little investment education. I purchased…
Book Review – Buckets of Money by Ray Lucia
A friend picked up Ray Lucia’s Buckets of Money at a seminar he gave a year or so ago and passed it on to me. I enjoyed reading the book but my first and immediate impression as I began to read it was that it was geared toward “older folks†who had already accumulated a…
Book Review – Asset Protection: Concepts & Strategies for Protecting Your Wealth
As my financial wealth has continued to grow, I’ve become increasingly concerned about keeping that wealth. Warren Buffets two rules of investing are 1. Don’t lose money 2. See Rule #1 I can across a well written and highly recommended book regarding asset protection called Asset Protection : Concepts and Strategies for Protecting Your Wealth…
Seminar Scams & Book Review Week
A few times out of the year, various financial advisors, radio and TV personalities, and such will host seminars at key cities to sell their wares or offer advice. I often attend seminars whenever I can to see what the current trends are and advice being doled out to the public. A couple of years…