Archive for the ‘Rich Bitch Economics’ Category

Credit Card Conundrums

By Rich Bitch • Jan 19th, 2009 • Category: Rich Bitch Economics

The credit crisis might seem like old news with the current downturn in the economy. Everyone is focused on ugly little words like “recession” and “unemployment.” Who has time to worry about issues like credit, either on the national or personal level?

You should. As more and more people find it harder to make ends meet [...]



Sirius XM Radio Stock still embarrassingly cheap

By Rich Bitch • Oct 22nd, 2008 • Category: Rich Bitch Economics

You can pick up shares of Sirius XM Radio Inc Stock for just $0.35 per share; and with analysts still betting on Sirius to rebound this might be the time to go ahead and bite the bullet.
If you don’t have major money to invest, you can pick up 285 shares of Sirius stock with just [...]



The Dow is down again - guess the nation’s financial crisis is still ongoing

By Rich Bitch • Oct 21st, 2008 • Category: Rich Bitch Economics

Here are some links from marketwatch.com which you can use to keep yourself up to speed on what’s going on with the economy. Keywords of note: stock indexes, technology, energy stocks, petroleum (Just write them down in your rich bitch economics notebook for now).

4:45 PM today
Market Snapshot: U.S. stock indexes end lower with declines led [...]



Sirius stock still doing poorly but the company apparently doesn’t know

By Rich Bitch • Oct 20th, 2008 • Category: Rich Bitch Economics

At market close today a share of Sirius XM Radio Inc. stock was worth $0.39 cents; but it seems no one has told the people running the company that their stock is worthless because they continue to act as if all is right with the world.

Then again, maybe the joke is on the shareholders?
SIRIUS Satellite [...]



Stock investing - Should I buy Ford Stock

By Rich Bitch • Oct 17th, 2008 • Category: Rich Bitch Economics

I’m still looking for stocks to buy. Presently trying to decide if I should buy some shares of Ford. Not liking that the 52 week high for Ford is only $8.99.

After doing some research I’ve discovered that Ford stock has seen a steady decline in value over the last 5 years. It seems the most [...]



Sirius XM Radio Inc. is not looking very good yet they keep launching things

By Rich Bitch • Oct 17th, 2008 • Category: Rich Bitch Economics

I’m not understanding how they do business over at Sirius XM Radio Inc. The worth of their stock keeps dropping day by day, yet you hear nothing from them about the state of their company. Furthermore, on the 15th of this month they announced the launching of “Game On”, which is to be an “Exclusive [...]



Fannie Mae and Freddie Mac potential mortgage fraud - FBI investigates

By Rich Bitch • Oct 15th, 2008 • Category: Rich Bitch Economics

The following mortgage finance giants are alleged to be under investigation by the FBI for potential fraud:

Fannie Mae
Freddie Mac
American International Group (AIG)

The Feds are also allegedly investigating the collapse of Washington Mutual (WAMU), Lehman Brothers and several other large financial firms.
And why is this relevant? No particular reason, but if you’re like me and tend [...]



If the bigger economic picture is so bleak why all the attention being given to the credit crisis?

By Rich Bitch • Oct 15th, 2008 • Category: Rich Bitch Economics

Just a random question from an uninformed inquiring mind, but if the credit crisis that has the government pumping billions into select corporations is only part of a bigger economic crisis why so much focus on the cridit crisis specifically? Mind you I’m not venturing an opinion, only asking a question. Of course asking a [...]



Should I buy Wachovia stock?

By Rich Bitch • Oct 15th, 2008 • Category: Rich Bitch Economics

The financial crisis had appeared to allow for a breather yesterday when the Dow Jones Industrial Average went up by as many as 600 points; but today the DOW was back down 700 points following reports that the state of the economy hints at a recession on the way or already present. Exactly what that [...]



Sirius stock moves a penny past the half dollar mark

By Rich Bitch • Oct 13th, 2008 • Category: Rich Bitch Economics

I am three cent’s closer to my target with Sirius. Now if only Sirius can go up by $6 like Morgan Stanley has done since Friday’s close I’ll be in business; but I guess that won’t be a remote possibility for some months. It’s not like Sirius XM Radio Inc is Morgan Stanley. The government [...]