I have great news for those who have been visiting the site religiously: we have reached over 500 visitors in 2 months! Our records also show that there has been a substantial increase in visitors since December 2008. This means that the way things are going, the site will continue to grow and prosper. I wanted to produce about 25 blogs this month, but was mainly sidetracked with moving. However, I think I have at least reached one of my goals by getting more visitors to the site than last month.
To all of the dedicated fans at CB, thank you for supporting the site and a special thanks goes out to Nightrunner for suggestions and criticisms. With this recession, 2009 is going to be an interesting year at Chuckiesblurbs. That being said, I am going to finish moving and hopefully I will be able to get this site back to a regular schedule.
Thursday, January 29, 2009
Wednesday, January 28, 2009
Wal-Mart Does Mass Lay-Offs
As you might know, there are a lot of retailers going out of business. Circuit City, went under, Home Depot laid off 75,000 workers, times are tough. It is indeed, "The best of times, the worst of times". People might have comfort in their jobs, but they really do lay offs in a indiscriminate factor: it is really all based off of seniority. In other words, most chains of employment will go "last hired, first fired". Meaning that if you were not with a company for a long time, then you might want to dust off the ol' resume.
How bad is it at Wal-Mart? Well it is starting to affect our business. While we still make a profit there, we are getting hit with less people. Meaning people are not going out; they are just saving their money. Right now, Sam's Clubs across the nation have laid off 4-5 people per club and they have over 500 clubs. Theoretically, that is over 2,500 people without a job. And they are doing the last five on their hiring lists. If you were a new hire, find another job is all I can tell you. I recommend getting one extra job should you get hired at Sam's Club. Wal-Mart, all depends on their location: if you work at one with low profit then there will be some people let go. That's just the way it is. They are a business so there is no use in becoming altruistic about the situation, people will have to be let go.
If you are one of those people reading this blog, then I feel for you. Tough times will only get tougher. Hopefully you saved money and had a contingency plan, other wise I do not know what to tell you. If they have to let me go then so be it, I always have been good at landing on my feet. I will just out perform the market. My area's profit margin went up 4% so I think there is much to be said about my work.
How bad is it at Wal-Mart? Well it is starting to affect our business. While we still make a profit there, we are getting hit with less people. Meaning people are not going out; they are just saving their money. Right now, Sam's Clubs across the nation have laid off 4-5 people per club and they have over 500 clubs. Theoretically, that is over 2,500 people without a job. And they are doing the last five on their hiring lists. If you were a new hire, find another job is all I can tell you. I recommend getting one extra job should you get hired at Sam's Club. Wal-Mart, all depends on their location: if you work at one with low profit then there will be some people let go. That's just the way it is. They are a business so there is no use in becoming altruistic about the situation, people will have to be let go.
If you are one of those people reading this blog, then I feel for you. Tough times will only get tougher. Hopefully you saved money and had a contingency plan, other wise I do not know what to tell you. If they have to let me go then so be it, I always have been good at landing on my feet. I will just out perform the market. My area's profit margin went up 4% so I think there is much to be said about my work.
Wednesday, January 21, 2009
Put WMT on the List to Buy
WMT is finally going down! Now why would I be excited about this? Am I not trading in WMT? Yes, but alas, I want to be able to buy more! And boy I think my wait is almost over. I have been anticipating WMT to fall below $50. The market for awhile was actually reaping small returns for the people who "got in early". But now is a excellent time to buy if you want to get started on the momentum.
You see, during the holidays, retail tends to out perform other industries. And stock analysts have been correct in presuming that the market will not be as strong as last year. However, they did not think that Wal-Mart will just peak at $57. They were hoping retail would stabilize the economy. This, in fact was an impossibility and it goes back to the fact that most retail chains with the exception of Wal-Mart are primarily in the United States. This does not mean that the fight is over. It just means that the market is adjusting itself to the recession. It will be like this for a few years so might as well start buying while the buying is good!
At this point in time Wal-Mart is at $49.17! This is primarily due to the fact that a lot of people sold at $57, but now is the chance to buy WMT! I would start buying some now. When it drops lower, I will start buying 2 shares per paycheck and with the company covering 15% I will be able to obtain more and more fractional shares. There is a reason investing super genius Warren Buffett, is also in WMT. That is primarily his blue chip stock. He honestly is into stocks with a continual demand.
You see, during the holidays, retail tends to out perform other industries. And stock analysts have been correct in presuming that the market will not be as strong as last year. However, they did not think that Wal-Mart will just peak at $57. They were hoping retail would stabilize the economy. This, in fact was an impossibility and it goes back to the fact that most retail chains with the exception of Wal-Mart are primarily in the United States. This does not mean that the fight is over. It just means that the market is adjusting itself to the recession. It will be like this for a few years so might as well start buying while the buying is good!
At this point in time Wal-Mart is at $49.17! This is primarily due to the fact that a lot of people sold at $57, but now is the chance to buy WMT! I would start buying some now. When it drops lower, I will start buying 2 shares per paycheck and with the company covering 15% I will be able to obtain more and more fractional shares. There is a reason investing super genius Warren Buffett, is also in WMT. That is primarily his blue chip stock. He honestly is into stocks with a continual demand.
E-Trade Get Fined 1M for No Protection Against Money Laundering
This is perhaps a great time to take advantage of a stock that will be backed by the bailout. Going at $1.21 a share, E-trade will have to recover from the money laundering lawsuit that was slapped on them for Financial Industry Regulatory Authority I have to say this lawsuit is epic because E-Trade has a record for being known to hold money for up to 2 weeks. I know this because I am a E-trade client. Well, not a big client. I have an experimental account with them with the grade total of $50. My current cash cows are antiques, Gold and Silver and tax free stock dividends.
However, I do have some E-trade stock. I thought to myself, why not, it is so low and they will be protected by the bailout before the banks are. Unfortunately this scandel happened after I got the stock at $1.27. They were at $1.21, but needless to say I need more than $30 invested to get big returns. And no, I got it two weeks ago. However, despite all of the recent controversy behind E-trade, they will more than likely get a piece of that bailout money as the internets biggest onlline stock trader. Alas there is information to take advantage of!
Accroding to the Financial Industry Regulatory Authority, E-Trade did not have "adequate anti-money laundering programs in place between January 2003 and May 2007" Stock brokerage firms are supposebly required to establish a anti-laundering policy, but if you ask me it is really an excuse to track were all of your cash goes. What if you were sent a money order and then you foward it to them? That in some states , is a form of money laundering. FINRA has been after the online brokerage firms as of late. I believe Scottstrade will be on the chopping block next, if they do not watching their toes. Also FINRA has been trying to go after E-Trade for failed audits, which means that there is a possibility they might not of send everyone a W-2 or 1099 form. Fortunately I do not have enough [in E-Trade] to be audited by the IRS however it does not exclude me from 2010. More than likely, E-Trade is going to go through some staffing transistions and tighten up their management.
If anyone was wondering, if you got in on the action when it fell, there would have been a 5 cent gain on each stock. I am just waiting for the next scandel. I am holding on to E-Trade as my wild card stock. My blue chip stock is WMT which I have way more invested in it.
However, I do have some E-trade stock. I thought to myself, why not, it is so low and they will be protected by the bailout before the banks are. Unfortunately this scandel happened after I got the stock at $1.27. They were at $1.21, but needless to say I need more than $30 invested to get big returns. And no, I got it two weeks ago. However, despite all of the recent controversy behind E-trade, they will more than likely get a piece of that bailout money as the internets biggest onlline stock trader. Alas there is information to take advantage of!
Accroding to the Financial Industry Regulatory Authority, E-Trade did not have "adequate anti-money laundering programs in place between January 2003 and May 2007" Stock brokerage firms are supposebly required to establish a anti-laundering policy, but if you ask me it is really an excuse to track were all of your cash goes. What if you were sent a money order and then you foward it to them? That in some states , is a form of money laundering. FINRA has been after the online brokerage firms as of late. I believe Scottstrade will be on the chopping block next, if they do not watching their toes. Also FINRA has been trying to go after E-Trade for failed audits, which means that there is a possibility they might not of send everyone a W-2 or 1099 form. Fortunately I do not have enough [in E-Trade] to be audited by the IRS however it does not exclude me from 2010. More than likely, E-Trade is going to go through some staffing transistions and tighten up their management.
If anyone was wondering, if you got in on the action when it fell, there would have been a 5 cent gain on each stock. I am just waiting for the next scandel. I am holding on to E-Trade as my wild card stock. My blue chip stock is WMT which I have way more invested in it.
Tuesday, January 20, 2009
Sea Kittens Are Invading My Site
Create Your Own Sea Kitten at peta.org!
PETA has somehow hijacked this blog and dropped off an unwanted guest. Meet Ilbert Oppenheimer II. Known for moshing undersea, he has gone a quest to get a hold of several CBGB pictures and the last Ramones vinyl. Save me from the Sea Kittens Ahh!!!!
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