Archive for August, 2008
Friday, August 29th, 2008
If You Can’t Make It In America……You Can’t Make It Anywhere!
You’ve probably heard the expresssion, “if you can make it in New York, you can make it anywhere…” which implies that if you can become successful in New York city then you’ll have the skill an aptitude to make it anywhere in the world. As I’ve traveled the world this year I come to a […]
3 Comments » - Posted in Observations by RichSlick
Wednesday, August 27th, 2008
FDIC To Borrow From US Treasury?
Why not? If US Treasury can own Freddie and Fannie, why not throw FDIC into the mix. Why don’t we just have the US Treasury buy up Ford & GM while we’re at it? This is yet another alarming crack in the already stressed dam we call the American financial system. Don’t say you […]
1 Comment » - Posted in The Fed by RichSlick
Tuesday, August 26th, 2008
McDonald’s Still Has $0.99 Double Cheeseburgers
A little over a year ago, I wrote this post questioning The Simple Dollar’s math regarding the benefit of a home made burger vs. McDonald’s $0.99 double cheeseburger. The math was close and depending on what variables you included it was pretty much a wash. It’s now a year later and inflation has made the […]
Comments Off on McDonald’s Still Has $0.99 Double Cheeseburgers - Posted in Basket of Goods by RichSlick
Monday, August 25th, 2008
Hey, GM & Ford, You Don’t Need $50 Billion, You Need A Clue
I’ve written about abandoning Ford as my auto manufacturer of choice after years of letting me down with recalls and lack of innovation but now Ford & GM are asking for a $50 billion dollar loan from tax payers to keep their crummy companies up and running. I have a suggestion for Ford & GM, […]
1 Comment » - Posted in John Galt by RichSlick
Thursday, August 21st, 2008
Why Are Shops Dumping American Express?
Having dealt with many retailers for a while, I know American Express has traditionally charged higher fees to merchants for processing transactions but I’ve been recently encountering more and more shops dumping American Express. The biggest chain that I’ve seen doing this is Subway. I’m guessing it’s the independent franchises that are dumping the card […]
6 Comments » - Posted in Credit Cards by RichSlick
Thursday, August 21st, 2008
Raked in $3500 in August
August was a fairly good month as I raked in ~$3500 with about 8 trades or as I like to think of it, 8 clicks of the mouse across a couple of electronic accounts. It’s really not that hard to make money once you have some good working capital. There are many ways to rake […]
4 Comments » - Posted in John Galt by RichSlick
Wednesday, August 20th, 2008
Calling For Capitalist PF Bloggers To Add To My Blog Roll
It seems that my blogroll is dwindling and I haven’t really found any capitalist pf bloggers to add to my site blog roll. I’m getting ready to drop Trisha’s site as it looks like she’s done blogging. Do you know of someone that meets this criteria: An individual dedicated to earning income and […]
9 Comments » - Posted in MMO by RichSlick
Tuesday, August 19th, 2008
The Dave Ramsey End Game
It seems every few months someone will post a comment on this post from a while ago coming to the defense of Dave Ramsey. I guess what I’m really interested in writing about today is to ask what the end game of the Dave Ramey philosophy will lead us to at the end of the […]
13 Comments » - Posted in Observations by RichSlick
Monday, August 18th, 2008
Private Schools Borrow From Airlines Fee Tactics
My kids go to a private school and have been since they’ve been since the beginning. Over the years, the tuition has gone up fairly dramatically but that isn’t the real issue. It is understandable for tuition to go up as the cost of certain things increase such as staff salaries and operational costs but […]
1 Comment » - Posted in Observations by RichSlick
Friday, August 15th, 2008
Cash Flow vs. ROI vs. Dollar Cost Averaging
There seem to be too many people that are stuck on ROI and not enough people that understand the fundamental importance of cash flow with regards to investment(s). Wikipedia does a good job at pointing something subtle yet critical about cash flow: to evaluate the state or performance of a business or project. to determine […]