If you thought that cup of coffee you picked up on the way to work this morning cost a pretty penny, then can you imagine how the much one of the biggest names in the coffee biz would go for? Well, if you guessed $13.9 billion, then you should probably go buy a lottery ticket, as that’s how much Keurig plans to sell itself for. [More]
Google Fiber, Other ISP Heads Agree: We’ll Keep Investing No Matter What The FCC Does About Net Neutrality
With only hours remaining in the countdown to tomorrow’s net neutrality vote, everyone from Silicon Valley to Capitol Hill is getting their last words in. At a tech policy event in Washington, DC yesterday, a panel of ISP executives spoke about the future of competition, innovation, and network deployment as the regulations and the marketplace change around them. And when the moderator directly asked the speakers if Title II regulation would diminish investment in their networks, the answer was the same all around: nope. [More]
Wall Street Fighter has a list of 18 money management websites, to handle everything from making zero-commission stock trades to dunning your family for past-due IOUs. [Wall Street Fighter]
Mint has gathered 30 of what they consider the best free personal finance ebooks around, grouped into categories like “Basics,” “Saving & Investing,” and “Security & Privacy.”
Kiplinger’s idea of a good Christmas present for a teenager is helping them start a retirement account. We kind of think the average teen is going to have a hard time understanding why that’s a “better” gift than, say, a game system, but the underlying idea is sound. As long as your teen worked at some point in 2007—even babysitting counts—he can open a Roth IRA. But other people (that means you) can fund it, up to the amount the kid earned in wages.
Onoodles writes, “I’ve managed to put away 20k into a Roth IRA. I started it directly through one mutual fund and now I’m looking to move it to a discount brokerage firm to diversify. So my question is, which one is the best?!” For a general overview and comparison of leading brokerages, we suggest looking into SmartMoney’s 2007 Broker Survey from a few months ago. And note that by going with a discount brokerage firm, you’ll likely be trading better customer service, research tools, and trading tools for cheaper fees.
David over at MoneyNing urges us to all take action on the money tips we read online—not just read them and then forget them, or dismiss them as unrealistic, or tell ourselves they don’t apply to us. “We read the tips, agree that it makes so much sense, then we sit there and flip on TV to watch other people make money while we spend money watching them.”
If you’re a freelancer, or work for a small company, or for some other reason don’t have a healthy start on a retirement plan, Smart Money has some suggestions for how to jump-start your investment before you hit your golden years.
Mighty Bargain Hunter offers some advice on what to do with your next windfall—it doesn’t have to be a lot of money, just a little more than you planned for in your budget, leaving you happily able to pick and choose how to spend or invest it.
Now you can follow the subprime meltdown around the world with this handy interactive graphic from Financial Times. It’s grimly amusing to click the “show all” radio button and then drag the slider back and forth from “Pre-Jun 25” to “Week of Aug 6”.
The LA Times, the Seven-up to our morning NYT Seagram’s, details the rise of investment fraud against baby boomers. The phenom is slightly ironic because the age segment is supposed to boast a higher financial acumen than previous generations. Some of the pernicious tactics con men use to lure victims into their scams include: