Former used car salesman Alan Slone grows a conscience and reveals one of the major strategies dealership use to screw you when buying a new car. At the heart of it all is the "4-square." This is supposed to help you and the dealership come to an agreement, but as you'll see, it's really more akin to three-card monte dealer's deck of cards.
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Compiled some of the decent interest rates given from institutions. If you don't get this rate from a tax deferred account like 401(k) or traditional IRA which you should with minimum 6 month CDs, you have to take into consideration the tax you pay on these interests. So the effective rate at which your money can grow completely safe and completely fluid is on an average is like 3.75% AP, which is .75% more than the hypothetical inflation rate of 3%.
Aruba Networks, a wireless LAN provider seems to be coming with an IPO in the coming week after their recent success with getting Microsoft in their client list. With more than 25,000 users on the network at any given time in 60 countries, Microsoft's WLAN is one of the world's largest. It is deployed in 277 buildings comprising more than 17 million square feet. Aruba, which was chosen after independent labs tested its equipment against better-known rivals (CISCO), will supply Microsoft with mobile controllers, software and 5,000 wireless access points. Aruba Networks Seems to be getting into the black zone with a million dollar profit in their first quarter results. They recently signed a potentially lucrative partnership with French telecom giant Alcatel, which will resell its wireless switches. That move was prompted by Cisco's $450 million purchase of Airespace.
| IPO Profile | |
| Expected Date | Week of 3/26/07 |
| IPO File Date | 12/15/06 |
| Price Range | $8.00 - $10.00 |
| Shares Offered | 8.0 mm |
Startups always make mistakes, it's part of the process. But here's a list of the 5 most common ones that you should be able to avoid.
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CompUSA is closing 128 of their 228 stores, leaving them with just 100 open locations. Check the CompUSA Store Locator to find out if your local store is remaining open. Stores will be handed over to a liquidator starting tomorrow, so there may be deals to be had.
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Andy and Jeremy ROCKED THE HOUSE. Panel discusses how to bluff your way through Web 2.0 at a party or conference. Don't be the idiot who does not know how to speak the speak even if you have no idea what it means. Also has a video about the definition of Web 2.0 and pictures of some of the best of Web 2.0 bluffing.
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Spring forward, fall back. We know the drill. But does the clock-switch across America actually save energy? Not if everyone takes the extra hour of sunlight and spends it at the mall.
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Ever wondered what are the top rated A-List blogs for Finance. Here is the list compiled by CNN.
1. Seeking Alpha -- This is a good place to start blogging, because it's essentially a collection of different blogs. The site provides links to everything from analysis of media and Internet stocks to investing in China. The "Sound Money Tips" link offers simple financial strategies for every day life, from buying versus leasing a car, to selling a home without a realtor.
2. The Asset Allocator! – This site's "SmorgasBoard" section provides a handful of links, each day, to articles on top business stories, and that's just the beginning. Hundreds of links are posted for various categories. They include everything from corporate blogs, top business news sites, U.S. Government office sites, and investment resources. This site is not about original content, but rather one-stop shopping for financial information.
3. CANSLIM Investing - Yes it's a long web address, but also worth bookmarking. This site contains many easy to read pieces on stock suggestions, chart analysis, and market commentary using the CANSLIM approach to investing. (The seven letters each stand for an investing criteria, for example, "L" represents choosing an industry leader over a laggard.)
4. The Kirk Report – The site is written by an individual investor, Charles E. Kirk, who promises more food for thought than blind recommendations, and delivers on that promise. Viewers can sign up for a free, weekly e-mail newsletter. And unlike many financial blogs, the site is ad free!!
5. Big Ben's Investing Blog - This site, although anonymous, is called Big Ben's Finance and Investing Blog. There's good, specific information on certain stocks here, including profit expectations and results. Other recent standout posts include advice on finding an online stock broker, and specs and photo of a new Motorola device reportedly in the works.
6. The Thinking Bull - This anonymous site offers a compilation of online financial articles. The screen is split between articles on trading and investing, and it's a useful stop for articles on various investing strategies.
7. Random Roger's Big Picture – This is a good site for investors looking for investing ideas beyond U.S. stocks. Author Roger Nusbaum is an investment advisor representative for Your Source Financial. His posts include insightful commentary on recent print articles and televised financial segments, and so give readers more than one view point on a topic. His writing style is very down to earth, it feels like you're reading personal letters from your neighbor.
8. Footnoted.org – Author Michelle Leder is a veteran financial journalist who has published a book on spotting red flags in corporate documents ("Financial Fine Print: Uncovering a Company's True Value.") The site's subject matter is in the same, investigative vein, setting the site apart from other blogs. Visitors can search for information by company name, and thus make a quick and easy stop here to find corporate dirt and other tidbits.
9. Stock and commodity trading – This anonymous site is technically oriented, covering day to day stock market activity, gold and currency markets. Interesting links like 'coin stories' (includes posts about coins during the era of Alexander the Great, a 17th century coin with a UFO like design) are fun to read.
10. Thinkblog - This is from ThinkEquity Partners, a research and investment banking company. It's of the more straight and sophisticated blogs around, with high quality commentary from CEO Michael Moe and other luminaries. There are also dozens of links to the brightest minds in business, from economist Larry Kudlow of CNBC fame, to tech writer Walter Mossberg at the Wall Street Journal.
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On Monday, Greenspan said told China, "It is possible we can get a recession in the latter months of 2007." Although Greenspan also went on to say that most forecasters are not making that judgment, his remark nonetheless roiled financial markets
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