jinijALL ABOUT THE MONEY!
Another Good Read From The LATimes
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.
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.
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.
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.
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.
