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<channel>
	<title>My 1st Million At 33 - yes, you can do it too</title>
	<link>http://www.1stMillionAt33.com</link>
	<description>A site to share my tips, tools, and humble thoughts on the journey to wealth</description>
	<pubDate>Mon, 17 Nov 2008 16:16:04 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.0.2</generator>
	<language>en</language>
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		<title>I’m on vacation</title>
		<link>http://www.1stMillionAt33.com/2008/11/im-on-vacation/</link>
		<comments>http://www.1stMillionAt33.com/2008/11/im-on-vacation/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 16:16:04 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Announcement</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/11/im-on-vacation/</guid>
		
			<content:encoded><![CDATA[I won&#8217;t be posting much until I&#8217;m back from my vacation.  Annually I use up all of my vacation days just to visit my parents aboard.
In the meantime, hold onto your stock positions.  It should turn up soon, I believe.  It&#8217;s going to be a very difficult market, and it will get [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/11/im-on-vacation/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Federal Reserve avoids Freedom Of Information Act request</title>
		<link>http://www.1stMillionAt33.com/2008/11/federal-reserve-avoids-freedom-of-information-act-request/</link>
		<comments>http://www.1stMillionAt33.com/2008/11/federal-reserve-avoids-freedom-of-information-act-request/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 23:31:16 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/11/federal-reserve-avoids-freedom-of-information-act-request/</guid>
		
			<content:encoded><![CDATA[Bloomberg has filed a Freedom Of Information Act (FOIA) request against against Federal Reserve for requesting the collateral information on some two trillion dollar that Federal Reserve has accepted as collateral.  Federal Reserve however refused to comply.
You can read through details here from PrudentInvestor, or from the original blogger at NakedCapitalism who revealed this, [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/11/federal-reserve-avoids-freedom-of-information-act-request/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Democrats the “terrible” socialists</title>
		<link>http://www.1stMillionAt33.com/2008/11/democrats-the-terrible-socialists/</link>
		<comments>http://www.1stMillionAt33.com/2008/11/democrats-the-terrible-socialists/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 16:41:28 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/11/democrats-the-terrible-socialists/</guid>
		
			<content:encoded><![CDATA[Even on day 2 after election, I already fear the bigger government that is to come as promised by Democrats.  All these people who continue to think that government should take care of their people (by becoming bigger &#038; more expensive) simply don&#8217;t understand one basic thing: government simply CANNOT take care of themselves, [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/11/democrats-the-terrible-socialists/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Obama wins big, and what a non-surprise</title>
		<link>http://www.1stMillionAt33.com/2008/11/obama-wins-big-and-what-a-non-surprise/</link>
		<comments>http://www.1stMillionAt33.com/2008/11/obama-wins-big-and-what-a-non-surprise/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 12:01:59 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/11/obama-wins-big-and-what-a-non-surprise/</guid>
		
			<content:encoded><![CDATA[When economy sours, people want changes.  Both parties caught on Ron Paul&#8217;s messages of anti-war, and anti-establishment quickly, muffled out Ron Paul, and carried out the same tune and same tactics (Obama/Hilary for change, and McCain the &#8220;maverick&#8221;).  Well, but will we get changes with Obama as the president?
In fact, I&#8217;m going to [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/11/obama-wins-big-and-what-a-non-surprise/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Watch for a pullback</title>
		<link>http://www.1stMillionAt33.com/2008/11/watch-for-a-pullback/</link>
		<comments>http://www.1stMillionAt33.com/2008/11/watch-for-a-pullback/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 18:14:45 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/11/watch-for-a-pullback/</guid>
		
			<content:encoded><![CDATA[If there comes a pullback, or later in November, one should buy stocks I believe.
Of course, it is going to be a bear rally in my opinion, instead of a new bull market as Bill Cara claims it to be.  In my opinion, there is no new bull market for the next 3 years [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/11/watch-for-a-pullback/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Platinum sold out in less than 24 hours</title>
		<link>http://www.1stMillionAt33.com/2008/10/platinum-sold-out-in-less-than-24-hours/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/platinum-sold-out-in-less-than-24-hours/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 14:41:22 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/platinum-sold-out-in-less-than-24-hours/</guid>
		
			<content:encoded><![CDATA[Did you see it at tulving.com?  I saw it, and was still contemplating whether I should pay $129 premium over spot price, or more than 15% over spot.  This morning waking up, it&#8217;s ALL gone.  Incredible.  Minimum order was about $5K dollar, and it&#8217;s all gone in less than 24 hours, [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/platinum-sold-out-in-less-than-24-hours/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Final low is in?</title>
		<link>http://www.1stMillionAt33.com/2008/10/final-low-is-in/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/final-low-is-in/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 13:01:01 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/final-low-is-in/</guid>
		
			<content:encoded><![CDATA[I didn&#8217;t believe this from Bob Hoye, but maybe it could be true.
He said that the low should occur by Oct 27 2008.  The oversea rally seems to have confirmed this so far.
I have got hurt very badly by Bill Cara&#8217;s early call of the end of bear market back on Sep 19 2008. [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/final-low-is-in/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Markets won’t bottom until US dollar tops</title>
		<link>http://www.1stMillionAt33.com/2008/10/markets-wont-bottom-until-us-dollar-tops/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/markets-wont-bottom-until-us-dollar-tops/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 13:35:31 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/markets-wont-bottom-until-us-dollar-tops/</guid>
		
			<content:encoded><![CDATA[This morning US dollar index is at 87.237.  It has been rising relentlessly with the merciless fall of the stock markets.  The global hedge fund liquidation is still going on.
Many lines have been drawn, the last one being at 86.  Now that US dollar has exceeded 86, it may go even to [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/markets-wont-bottom-until-us-dollar-tops/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Depression?</title>
		<link>http://www.1stMillionAt33.com/2008/10/depression/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/depression/#comments</comments>
		<pubDate>Thu, 23 Oct 2008 17:11:56 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/depression/</guid>
		
			<content:encoded><![CDATA[Despite a very over-sold global stock markets, I start to think that one must consider the possibility of a Greater Depression.  My biggest fear is obviously that we&#8217;re not even into the great negative ARM reset yet in mid-2009.
Next year, most likely the layoffs at the cities and state levels and any companies doing [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/depression/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>A worsening picture for housing markets</title>
		<link>http://www.1stMillionAt33.com/2008/10/a-worsening-picture-for-housing-markets/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/a-worsening-picture-for-housing-markets/#comments</comments>
		<pubDate>Mon, 20 Oct 2008 12:01:58 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/a-worsening-picture-for-housing-markets/</guid>
		
			<content:encoded><![CDATA[I just checked the mortgage rates over the weekend.  Just before the stock markets start to drop 7% everyday, the rates were pretty good at 5.875% for 30 years, and 5.375% for 15 years.  Now the rates are about 6.25% for 30 years, and 6% for 15 years-fixed.
Housing markets are going to be [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/a-worsening-picture-for-housing-markets/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Follow the smart investor Jim Rodgers</title>
		<link>http://www.1stMillionAt33.com/2008/10/follow-the-smart-investor-jim-rodgers/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/follow-the-smart-investor-jim-rodgers/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 12:01:50 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/follow-the-smart-investor-jim-rodgers/</guid>
		
			<content:encoded><![CDATA[There are so many things that I want to blog about, but with things happening in a lightening speed, I simply cannot get to them.
I think Jim Rodgers&#8217; opinion sums up and represents my opinion very accurate:



Jim Rodgers has been extremely successful in investing, and he has called the start of the commodity boom correctly.
Bailouts [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/follow-the-smart-investor-jim-rodgers/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Silver &amp; Platinum Extreme Shortage</title>
		<link>http://www.1stMillionAt33.com/2008/10/silver-platinum-extreme-shortage/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/silver-platinum-extreme-shortage/#comments</comments>
		<pubDate>Wed, 15 Oct 2008 18:15:10 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/silver-platinum-extreme-shortage/</guid>
		
			<content:encoded><![CDATA[I&#8217;ve tried to time the bottom of silver to make my &#8220;bulk&#8221; purchase.  The bottom seems to be here, but to my amazement, both silver and platinum have basically &#8220;disappeared&#8221; on Earth.
Initially, I thought it&#8217;s just something temporary.  As time goes on, the supply situation should be relieved.  But NO!  I [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/silver-platinum-extreme-shortage/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>A simple view of black swan event blowing up Wallstreet</title>
		<link>http://www.1stMillionAt33.com/2008/10/a-simple-view-of-black-swan-event-blowing-up-wallstreet/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/a-simple-view-of-black-swan-event-blowing-up-wallstreet/#comments</comments>
		<pubDate>Tue, 14 Oct 2008 12:01:56 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/a-simple-view-of-black-swan-event-blowing-up-wallstreet/</guid>
		
			<content:encoded><![CDATA[Never say never.  It&#8217;s always hard to say that the probability of an event is absolute zero.  So let&#8217;s say you&#8217;ve got the following probabilities:
98% of the chance to earn 3% annualized return, and
2% of the chance to lose 5%.
Now comes the &#8220;smart&#8221; and most greedy Wallstreet bankers and say that I&#8217;ve got [...]]]></content:encoded>
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		<item>
		<title>Wow!  Markets are getting killed.</title>
		<link>http://www.1stMillionAt33.com/2008/10/wow-markets-are-getting-killed/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/wow-markets-are-getting-killed/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 13:50:31 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/wow-markets-are-getting-killed/</guid>
		
			<content:encoded><![CDATA[It almost looks like that this market will break 2002/2003 bear market bottom.  Just another day and it will be there.
Here is something for food of thoughts, from Todd Harrison:


The path of maximum pain for most Americans plays out like this: The savers—those who sold stocks and/or preserved capital—get the double whammy when the [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/wow-markets-are-getting-killed/feed/</wfw:commentRSS>
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		<item>
		<title>Obama will win: false optimism and great inflation</title>
		<link>http://www.1stMillionAt33.com/2008/10/obama-will-win-false-optimism-and-great-inflation/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/obama-will-win-false-optimism-and-great-inflation/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 12:01:04 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/obama-will-win-false-optimism-and-great-inflation/</guid>
		
			<content:encoded><![CDATA[I don&#8217;t know whether it is obvious to me, but it was obvious to me that Obama will win since this January.  Of course, if Obama doesn&#8217;t win in November, I will really fall out of chair, and breaking my glasses.
Why would he win?  The reason is very simple.  During economic downturn, [...]]]></content:encoded>
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		<item>
		<title>Financial Armageddon</title>
		<link>http://www.1stMillionAt33.com/2008/10/financial-armageddon/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/financial-armageddon/#comments</comments>
		<pubDate>Wed, 08 Oct 2008 14:30:08 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/financial-armageddon/</guid>
		
			<content:encoded><![CDATA[Global markets are way oversold.  Do NOT panic.
Most stocks are 30% to 50% down in 1 to 3 weeks.  But remember that the world has not changed much (yet).  In fact, I would argue that there is a financial armageddon in financial sectors, BUT life will go on.  Everyone will still [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/financial-armageddon/feed/</wfw:commentRSS>
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		<item>
		<title>A big margin call</title>
		<link>http://www.1stMillionAt33.com/2008/10/a-big-margin-call/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/a-big-margin-call/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 13:38:55 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/a-big-margin-call/</guid>
		
			<content:encoded><![CDATA[By the way markets are trading, it seems that some hedge funds are being liquidated.  Markets seem to be trading at great depression level.  It is incredible that energy stocks are trading at such low levels.
The canadian trusts (PGH, HTE, ERF, PWE) are trading at about 20% dividend yields.  The MLPs stocks [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/a-big-margin-call/feed/</wfw:commentRSS>
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		<item>
		<title>Bailout passed in Senate.  What’s next?</title>
		<link>http://www.1stMillionAt33.com/2008/10/bailout-passed-in-house-whats-next/</link>
		<comments>http://www.1stMillionAt33.com/2008/10/bailout-passed-in-house-whats-next/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 07:34:30 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/10/bailout-passed-in-house-whats-next/</guid>
		
			<content:encoded><![CDATA[Markets on Thursday may react positively initially.  I&#8217;ve actually bought back some of the positions that I sold at a slightly lower prices.  But I&#8217;m simply trading these stocks.
Earning seasons however are just around the corner.  As soon as this boost is over, I expect that markets may test the recent low, [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/10/bailout-passed-in-house-whats-next/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Lower low on markets</title>
		<link>http://www.1stMillionAt33.com/2008/09/lower-low-on-markets/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/lower-low-on-markets/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 15:09:50 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/lower-low-on-markets/</guid>
		
			<content:encoded><![CDATA[It was just increduluous that bailout failed to pass.  When the leadership is most needed, it is not there.  Instead, they listened to their constituents &#8220;finally&#8221;.  I can&#8217;t think of anything more ironic than that.
So where do we go from here?  I think if there can be any rally, it would [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/lower-low-on-markets/feed/</wfw:commentRSS>
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		<item>
		<title>Some opinions on the bailout plan</title>
		<link>http://www.1stMillionAt33.com/2008/09/some-opinions-on-the-bailout-plan/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/some-opinions-on-the-bailout-plan/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 13:46:29 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/some-opinions-on-the-bailout-plan/</guid>
		
			<content:encoded><![CDATA[As far as I can tell, majority of the people are opposed to this bailout plan.  I on the other hand kind of support this plan.  Why?  Because I do believe that if this plan doesn&#8217;t get passed, I think we can look easily look at 20% offfor the stock markets in [...]]]></content:encoded>
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		<item>
		<title>Wamu failed.  No bailout yet.</title>
		<link>http://www.1stMillionAt33.com/2008/09/wamu-failed-no-bailout-yet/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/wamu-failed-no-bailout-yet/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 12:59:40 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/wamu-failed-no-bailout-yet/</guid>
		
			<content:encoded><![CDATA[Markets are in disarray.  Gold is going up again.  Enough said.
Wamu&#8217;s failure is going to send FDIC screaming for cash, and lots of customers weeping for lost money.  FDIC has &#8220;surprised&#8221; people with a Thursday close.  Why so late shutting down Washington Mutual?  FDIC can&#8217;t afford it.
There&#8217;d better a bailout [...]]]></content:encoded>
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		<item>
		<title>On the bailout plan &amp; markets</title>
		<link>http://www.1stMillionAt33.com/2008/09/on-the-bailout-plan-markets/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/on-the-bailout-plan-markets/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 15:15:44 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/on-the-bailout-plan-markets/</guid>
		
			<content:encoded><![CDATA[Listening to Paulson &#038; Bernanke grilled by Senate and Congress for the last two days, I think the bailout plan should be soon approved, but it may not work as originally intended by Paulson.  Based on stock market reactions however, it appears that this bailout plan will NOT work.
I am retracting my bullish bias [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/on-the-bailout-plan-markets/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Markets at the pivotal point</title>
		<link>http://www.1stMillionAt33.com/2008/09/markets-at-the-pivotal-point/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/markets-at-the-pivotal-point/#comments</comments>
		<pubDate>Tue, 23 Sep 2008 16:35:32 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/markets-at-the-pivotal-point/</guid>
		
			<content:encoded><![CDATA[SPY has pulled back to exactly half point of the initial rise from 113.80 to 128.00, at about 120.90, not counting the recent 0.691 dividends paid.  I&#8217;m quite busy observing this market.  I guess no one knows for sure that which way this market will go next, but one can definitely put in [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/markets-at-the-pivotal-point/feed/</wfw:commentRSS>
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		<item>
		<title>Currency/gold markets are wising up</title>
		<link>http://www.1stMillionAt33.com/2008/09/currencygold-markets-are-wising-up/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/currencygold-markets-are-wising-up/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 13:13:03 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/currencygold-markets-are-wising-up/</guid>
		
			<content:encoded><![CDATA[I have thought that gold would have dropped and continued to drop after the 700 billion rescue in the short term, and I was expecting a much less subdued reaction in currency markets.  But to my surprise, precious metal miners and physical markets continued their strength non-stop.  Only the first day (or rather [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/currencygold-markets-are-wising-up/feed/</wfw:commentRSS>
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		<item>
		<title>All clear for rising?!  I guess so. (intermediate-term speaking).</title>
		<link>http://www.1stMillionAt33.com/2008/09/all-clear-for-rising-i-guess-so-intermediate-term-speaking/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/all-clear-for-rising-i-guess-so-intermediate-term-speaking/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 12:01:00 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/all-clear-for-rising-i-guess-so-intermediate-term-speaking/</guid>
		
			<content:encoded><![CDATA[I think the general stock markets have made their intermediate low.  It may be hard to believe for those bearish on stock markets (myself included), but I think temporarily the clouds are clear.
Why?  I&#8217;m basing my opinion because of the following:
1. Globally, the investor fear level is very palpable.  In fact, most [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/all-clear-for-rising-i-guess-so-intermediate-term-speaking/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>AIG rescued by Fed.  Markets may be turning (for now)</title>
		<link>http://www.1stMillionAt33.com/2008/09/aig-rescued-by-fed-markets-may-be-turning-for-now/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/aig-rescued-by-fed-markets-may-be-turning-for-now/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 12:03:25 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/aig-rescued-by-fed-markets-may-be-turning-for-now/</guid>
		
			<content:encoded><![CDATA[AIG got 85 billions from Fed.  Of course, the shareholders get decimated again.  It&#8217;s kind of obvious by now that if you want to pick a bottom for these death spirals, you should never pick up any of the common stocks nor any preferred shares.  Most of the time (if at all) [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/aig-rescued-by-fed-markets-may-be-turning-for-now/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Money market fund (RPFXX) breaking the buck</title>
		<link>http://www.1stMillionAt33.com/2008/09/money-market-fund-rpfxx-breaking-the-buck/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/money-market-fund-rpfxx-breaking-the-buck/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 12:01:49 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/money-market-fund-rpfxx-breaking-the-buck/</guid>
		
			<content:encoded><![CDATA[If you own RPFXX money market fund, you will probably be getting just 97% back for your money.  After Lehman brother failed, their debts are becoming worthless in many money market funds.  This is scary!  Why would you ever buy non-treasury money market funds, especially these days?
How can you insure that you [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/money-market-fund-rpfxx-breaking-the-buck/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Fed cutting rate today?</title>
		<link>http://www.1stMillionAt33.com/2008/09/fed-cutting-rate-today/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/fed-cutting-rate-today/#comments</comments>
		<pubDate>Tue, 16 Sep 2008 13:33:04 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/fed-cutting-rate-today/</guid>
		
			<content:encoded><![CDATA[Markets are not done sliding.  But Fed should be cutting interest rate again.  I am guessing that it is possible that Fed cuts 0.5%.  The interest rate will drop to 1.5%, giving you a bank interest rate for almost nothing in that case.
Whatever Fed says, the market reaction is the most important. [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/fed-cutting-rate-today/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Lehman failed, Merrill Lynch gone, and AIG needs 40 billion from Fed</title>
		<link>http://www.1stMillionAt33.com/2008/09/lehman-failed-merrill-lynch-gone-and-aig-needs-40-billion-from-fed/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/lehman-failed-merrill-lynch-gone-and-aig-needs-40-billion-from-fed/#comments</comments>
		<pubDate>Mon, 15 Sep 2008 12:01:38 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/lehman-failed-merrill-lynch-gone-and-aig-needs-40-billion-from-fed/</guid>
		
			<content:encoded><![CDATA[Lehman failed, Merrill Lynch gone, and AIG needs 40 billion from Fed.  That all happened from Friday to Sunday.  Dot com companies didn&#8217;t even fail that fast.  But US financial companies are breaking world records.  Well, I only have one word for all these failures: FRAUD.
These US financial companies simply have [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/lehman-failed-merrill-lynch-gone-and-aig-needs-40-billion-from-fed/feed/</wfw:commentRSS>
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		<item>
		<title>HUI/Gold may have bottomed, but ….</title>
		<link>http://www.1stMillionAt33.com/2008/09/huigold-may-have-bottomed-but/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/huigold-may-have-bottomed-but/#comments</comments>
		<pubDate>Fri, 12 Sep 2008 16:01:13 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/huigold-may-have-bottomed-but/</guid>
		
			<content:encoded><![CDATA[Today HUI is up big.  HUI seems to have bottomed before gold, which is a good sign.  Stocks should lead the physical markets.  With gold hitting at 730s, and silver at 10s, this could be as low as it gets.  Next week is also Fed meeting week.  So it should [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/huigold-may-have-bottomed-but/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Will HUI break 2007 low?</title>
		<link>http://www.1stMillionAt33.com/2008/09/will-hui-break-2007-low/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/will-hui-break-2007-low/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 12:01:17 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/will-hui-break-2007-low/</guid>
		
			<content:encoded><![CDATA[By the downward momentum of the precious metals market, it looks like HUI will break 2007 low at 284.85 as soon as today (Tuesday).  In fact, both XAU and HUI are in the same precarious scenario.  Even if it&#8217;s not today, it looks like it may break 2007 low before month&#8217;s end.
Breaking this [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/will-hui-break-2007-low/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>GSE rescued; taxpayers on hook for billions of losses</title>
		<link>http://www.1stMillionAt33.com/2008/09/gse-rescued-taxpayers-on-hook-for-billions-of-losses/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/gse-rescued-taxpayers-on-hook-for-billions-of-losses/#comments</comments>
		<pubDate>Mon, 08 Sep 2008 12:01:17 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/gse-rescued-taxpayers-on-hook-for-billions-of-losses/</guid>
		
			<content:encoded><![CDATA[Over the weekend, Fannie Mae and Freddie Mac are &#8220;rescued&#8221;.  I think the deal is simply keeping a zombie to walk dead for a couple more years.  When the net worth of the GSEs is effectively negative billions of dollars, any more money poured into it simply goes into a bottomless blackhole.
How much [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/gse-rescued-taxpayers-on-hook-for-billions-of-losses/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Energy sector is out?</title>
		<link>http://www.1stMillionAt33.com/2008/09/energy-sector-is-out/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/energy-sector-is-out/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 15:30:53 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/energy-sector-is-out/</guid>
		
			<content:encoded><![CDATA[According to market contrarian Mark Hulbert, the next sector leaders will not come from financial nor energy sector, but possibly from consumer staples, industrials, and basic materials.  I certainly agree to Hulbert&#8217;s thesis that the previous market leader will NOT be the market leader for the next rise in the stock markets.  That [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/energy-sector-is-out/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>How much should you pay for your rent?</title>
		<link>http://www.1stMillionAt33.com/2008/09/how-much-should-you-pay-for-your-rent/</link>
		<comments>http://www.1stMillionAt33.com/2008/09/how-much-should-you-pay-for-your-rent/#comments</comments>
		<pubDate>Tue, 02 Sep 2008 12:01:47 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/09/how-much-should-you-pay-for-your-rent/</guid>
		
			<content:encoded><![CDATA[Ever wonder about whether you&#8217;re being over-charged for rent, or under-charging your tenants?
I found this very useful website for rent information.  The numbers provided seemed to be legitimate.  The site is RentOMeter.com.  It will give you an idea on how much people are paying/charging for rents.  Another source that I used [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/09/how-much-should-you-pay-for-your-rent/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Staycation?</title>
		<link>http://www.1stMillionAt33.com/2008/08/staycation/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/staycation/#comments</comments>
		<pubDate>Fri, 29 Aug 2008 16:01:05 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Frugal Ways</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/staycation/</guid>
		
			<content:encoded><![CDATA[Labor day weekend is here.  Are you travelling less due to the higher gas prices?
I used not to think about the cost of gasoline.  But nowadays, I am a lot more conscious about where I travel.  Indeed, I find myself travelling shorter distances to everywhere.  It just makes more dollar sense. [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/staycation/feed/</wfw:commentRSS>
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		<item>
		<title>FDIC needs to borrow too!</title>
		<link>http://www.1stMillionAt33.com/2008/08/fdic-needs-to-borrow-too/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/fdic-needs-to-borrow-too/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 16:01:57 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/fdic-needs-to-borrow-too/</guid>
		
			<content:encoded><![CDATA[From reuters: &#8220;I would not rule out the possibility that at some point we may need to tap into (short-term) lines of credit with the Treasury for working capital, not to cover our losses,&#8221; Chairman Sheila Bair said in an interview with the paper.
First of all, do you really think that FDIC can sell the [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/fdic-needs-to-borrow-too/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Digital TV Broadcast Converter Box</title>
		<link>http://www.1stMillionAt33.com/2008/08/digital-tv-broadcast-converter-box/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/digital-tv-broadcast-converter-box/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 16:01:30 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/digital-tv-broadcast-converter-box/</guid>
		
			<content:encoded><![CDATA[For those who don&#8217;t have a new flat panel TV with the new digital TV receivers, or simply has an old analog TV lying around, you may want to get your converter box as soon as you can.
I&#8217;ve got mine converter box earlier in the year with a government coupon.  It looks like the [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/digital-tv-broadcast-converter-box/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Is your life screwed because of student loans?</title>
		<link>http://www.1stMillionAt33.com/2008/08/is-your-life-screwed-because-of-student-loans/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/is-your-life-screwed-because-of-student-loans/#comments</comments>
		<pubDate>Mon, 25 Aug 2008 16:00:38 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/is-your-life-screwed-because-of-student-loans/</guid>
		
			<content:encoded><![CDATA[Reading through the stories posted at StudentLoanJustice.Org, I feel that these people have been totally abused by the student loan system.  Debts that cannot be discharged through bankruptcy are simply nightmares.  Why do we even have such things?
This story is under-covered by media and politicians.  There is obviously no money in helping [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/is-your-life-screwed-because-of-student-loans/feed/</wfw:commentRSS>
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		<item>
		<title>Sheila Blair giving out taxpayer’s money</title>
		<link>http://www.1stMillionAt33.com/2008/08/sheila-blair-giving-out-taxpayers-money/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/sheila-blair-giving-out-taxpayers-money/#comments</comments>
		<pubDate>Fri, 22 Aug 2008 12:01:21 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/sheila-blair-giving-out-taxpayers-money/</guid>
		
			<content:encoded><![CDATA[Isn&#8217;t it great to run a &#8220;charity&#8221; organization?  The people will always thank you, while your &#8220;real boss&#8221; the taxpayers have no way to get to you, or simply at sleep.
Here is a snippet from press release from the head of FDIC Sheila Blair for loan modications at IndyMac FSB:

What modification options will be [...]]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/sheila-blair-giving-out-taxpayers-money/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Markets treading dangerous water</title>
		<link>http://www.1stMillionAt33.com/2008/08/markets-treading-dangerous-water/</link>
		<comments>http://www.1stMillionAt33.com/2008/08/markets-treading-dangerous-water/#comments</comments>
		<pubDate>Wed, 20 Aug 2008 12:01:53 +0000</pubDate>
		<dc:creator>Frugal</dc:creator>
		
	<category>Investing</category>
		<guid isPermaLink="false">http://www.1stMillionAt33.com/2008/08/markets-treading-dangerous-water/</guid>
		
			<content:encoded><![CDATA[Market is too complacent about financial sectors and economy for the next year.  The participants seem to be like Wile Coyote to me.
 
Thanks to AnimationArtGallery.com

I&#8217;m ready to increase my short positions.]]></content:encoded>
			<wfw:commentRSS>http://www.1stMillionAt33.com/2008/08/markets-treading-dangerous-water/feed/</wfw:commentRSS>
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