Weekly Roundup: Money Mistakes, Google Wallet, Groupon, Investments, and Crooks

| June 3, 2011 | 0 Comments

The Weekly Roundup is a collection of online articles from the past week that I found particularly note worthy, educational or enjoyable. The articles typically fit into the technology and finance themes of Modern Saver but there are no rules. Please post your reactions in the comment section.

Real World Money Mistakes – Eight interesting stories and advice from real people who suffered through their own poor financial decisions. They should have been reading Modern Saver! Here are the eight stories:

  • Bought a vacation home as an investment
  • Kept too much money in employer’s stock
  • Trusted a pro’s picks and ignored fund fees
  • Too risk-averse for my age
  • Put short-term savings into growth stocks
  • Chased hot stocks
  • Failed to rebalance
  • Panicked when the market plunged

Google Wallet – Google Wallet, rumored in last week’s roundup, has been officially announced. At the same time, Google also announced Google Offers, which is essentially the Google version of Groupon. The advantage being Offers will work seamlessly with “G Wallet.” Offers are currently only available in NYC, Portland and San Francisco. Luckily, you can sign up on the Offers website to be notified when Offers become available in your zip code.

google wallet usage

Groupon Files for $750 Million IPO – Speaking of Groupon, they just filed to go public in a $750 million IPO underwritten by Morgan Stanley, Credit Suisse and Goldman Sachs. I can only assume it will be a mad rush on day one just like LinkedIn (NYSE: LNKD).

Savings In the Short Term and Investments for the Long Term – Trent at the Simple Dollar offers a great explanation of the difference between fixed income investments and more risky investments like stocks. Understanding this difference and how it relates to your investment horizon is imperative to reach your financial goals.

This Guy Has My Macbook – A man was recently arrested after stealing a laptop because the owner installed the Hidden app which takes webcam picture remotely with the laptop’s webcam. The pictures, which were given to the police as evidence, are available on this website. Brilliant!

Happy Friday!

Related Posts:

  • No Related Posts

Tags: , , ,

Category: Weekly Roundup

Comments (0)

Trackback URL | Comments RSS Feed

There are no comments yet. Why not be the first to speak your mind.

Leave a Reply