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Fidelity Financial On Facebook

Daniel — Wed, 03 Feb 2010 01:49:56 +0000

I guess the large financial companies are getting smart. According to the Financial Times, Fidelity UK is the first asset manager on Facebook. I personally think this is a great move and should have been implemented a long time ago. Read the full store at Ft.com

Government Targeting Middle Class Tax Evaders

Daniel — Thu, 14 Jan 2010 14:04:31 +0000

Tax evaders are costing billions in revenue each year and the European government is cracking down. According to the Telegraph, a European news website, investigator are switching from blue collar workers to white collar workers making over $100K. Read the full story here.

Anyone Can convert I.R.A To Roth I.R.A With New Rules.

Daniel — Sat, 09 Jan 2010 14:44:55 +0000

This has been up in the air for some time now, but as of Jan 1st anyone can convert their individual retirement accounts to Roth I.R.A even if your income is below $100,000. Read the article at the New York Times.

New Rules Forcing Banks To Offer New Accounts With New Fees

Daniel — Wed, 06 Jan 2010 20:25:21 +0000

Banks are rolling out accounts with new features and fees. According to the New York Times, they are trying to replace revenues that are expected to be lost when new regulations take effect. You can read the entire article at the New York Times.

Association Of British Insurers Tougher Guidelines For Online Quoters

Daniel — Thu, 31 Dec 2009 17:05:18 +0000

The Association Of British Insurers has stepped up it standards for online quotes. The ABI has set new guidelines for all websites and software that proved insurance quotes. Read the full article by FT.com

Another Good Read From The LATimes

Daniel — Sun, 27 Dec 2009 23:50:27 +0000

This is a story about a family from Hollywood California coming to terms with their debts. The comments have some interesting advice, so don’t skip them. I’m happy to see that people are taking such interest in their finances. Read it here.

Something You Should Read From CNN Money.

Daniel — Sun, 27 Dec 2009 16:01:40 +0000

This is the stories of how 5 sets of people got out of debt. Each one used different strategies that I have shared on this site. You can read their stories here.

Ford Offers To Pay $50,000 For Employees Retirement Packages.

Daniel — Tue, 22 Dec 2009 20:27:40 +0000

The auto maker offered it’s 41,000 hourly workers $50,000 and $20,000 in vouchers towards new car purchases for their retirement plans. The company is looking to cut back on it factory worker claiming it has more workers than is needed to produce its line of vehicles.

Twitter Makes $25 Million Deal With Google And Bing.

Daniel — Tue, 22 Dec 2009 20:09:58 +0000

Twitter set to make a profit for the first time since it launched in 2006. The company made a $15 million deal with Search giant Google and a $10 million deal with Bing. The company is said to be worth over $1 billion, but has not made much in the way of revenue until now.

David Tepper’s Made $7billion With Very Risky Investments.

Daniel — Tue, 22 Dec 2009 19:59:47 +0000

Risky Is putting it mildly. When everyone was selling Tepper followed the golden rules of investment. Buy low and sell high. He bought huge chunks of shares worth billions; betting that America would not repeat the great depression. This strategy paid off huge making his firm Appaloosa Management one of the largest in the world.