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 & […]
Comments Off on Book Review – Safety 1st Investing by Wade Cook - Posted in Book Reviews by RichSlick
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 […]
3 Comments » - Posted in Book Reviews by RichSlick
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 […]
Comments Off on Index Funds Giveth, Index Funds Taketh - Posted in MMO by RichSlick
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 […]
Comments Off on Tempted By The Money Devil - Posted in MMO,Watch Out by RichSlick
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 […]
4 Comments » - Posted in Financial Safety by RichSlick
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 […]
3 Comments » - Posted in Rants by RichSlick
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 […]
2 Comments » - Posted in MMO by RichSlick
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 […]
2 Comments » - Posted in MMO,Money Management by RichSlick
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 […]
5 Comments » - Posted in Misc by RichSlick
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 […]