Financial Cookie Jar

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Archive for January, 2011

Social Media: The New Housing Bubble?

Monday, January 31st, 2011

It turns out that social media may be the new “housing bubble” for the new decade. Now that Facebook is valued at 50 billion dollars, there is a scramble to mimic services of the site and draw some of the visitors and profits from it’s business model, as well as using the site itself to promote businesses. [...]

Saving A Bit Every Month

Saturday, January 29th, 2011

OK! Here’s a small tip that many people already know about, and is worth mentioning again. Many banks offer the ability to have a certain sum of money transferred from checking to savings accounts at the start of every month. This is a great way to passively build the savings account, while lowering the amount of discretionary money that might potentially be wasted. This helps remove [...]

Netflix Increases Profits

Thursday, January 27th, 2011

Movie rental giant Netflix announced better than expected quarterly profit, driven by the large increase in subscibers to the service. The total subscriber base for Netflix now stands at 20 million. Netflix faces competition from other sites like Google and Amazon, but for the moment, the recognition and trust of the brand are keeping them ahead and winning them customers. [...]