December 1st, 2008 · podcasts
On this episode of Millionaire or Bust, we have plenty to talk about, as always. The majority of it revolves around shopping and Black Friday. So, we jump right into discussing how the holiday sales are for the small retailers.
Then we get into buyer behavior on Black Friday including how consumers are spending. Unfortunately, it seems that the holiday buying season is off to a slow start, but we do touch on a couple bright spots in online sales. Then we discuss what seems an unlikely group that might be helping Black Friday sales, foreign shoppers.
[Read more →]

MOB #66 - Black Friday Shopping [25:23m]:
Play Now |
Play in Popup |
Download
Tags: Black Friday·Mortgage Rates·Oil Prices·Shopping
November 24th, 2008 · podcasts
On this episode of Millionaire or Bust, we have plenty to talk about. We start off by discussing how the DOW did this week and how President-Elect Obama’s
nominations for cabinet positions may have affected it.
We also discussed the still falling gas prices.
Then in banking news, we discussed three more bank failures, Citigroup’s slashing of 52,000 jobs, Genworth’s deal to buy a bank in a bid to receive TARP money and GMAC filing for bank holding status in order to get TARP money, as well.
[Read more →]

MOB #65 - Volatility, Bailout Money & Holiday Sales [31:23m]:
Play Now |
Play in Popup |
Download
Tags: Bank Failures·Financial Crisis·General Motors·Holiday Sales
November 17th, 2008 · podcasts
On this episode of Millionaire or Bust, we cover the week after the US election (which also happened to be a one week trip up to the Yosemite area for us). The financial markets were pretty volatile again this week. So, we had to discuss that volatility a little bit. We also touched on the current mortgage rates.
Of course, we had to mention that GM closed under $3 for the first time since 1946 and had their lowest close since WWII. We talked a little about what they were trying to do about it, what the government is thinking about doing to help them and the stance of the UAW on concessions.
[Read more →]

MOB #64 - GM vs McDonalds During the Financial Crisis [26:11m]:
Play Now |
Play in Popup |
Download
Tags: Economy·Financial Crisis·Gas Prices·General Motors·Oil Prices
November 10th, 2008 · podcasts
On this episode of Millionaire or Bust, we cover the week of the US election. The financial markets were pretty volatile, so we had to talk about how the markets did and how President-Elect Obama figured into that.
We talked about the huge drop in the markets Wednesday and Thursday and the market rally on Friday. Of course with 51 consecutive days of oil price drops, we had to talk about that and about the drop in gas prices.
[Read more →]

MOB #63 - US Election, Financial Markets & 2009 Job Market [26:42m]:
Play Now |
Play in Popup |
Download
Tags: Bank Crisis·Barack Obama·Delta·Gas·Oil·Personal Finance·Rate Cuts
November 6th, 2008 · podcasts
This episode of Millionaire or Bust is our short midweek episode. This is where I take a few minutes to catch you up on the week so far in financial news. First, I had to announce that Barack Obama was elected President of the United States on Tuesday.
[Read more →]

MOB #62 - Obama's Election Midweek Update [6:50m]:
Play Now |
Play in Popup |
Download
Tags: Barack Obama·FInancial Markets·Gasoline·Oil·Personal Finance