Posts Tagged ‘money’

Money 70: Best mutual funds and ETFs

February 27th, 2013
The Money 70 list of recommended funds includes low-risk plays and aggressive bets.

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Yahoo’s New Home Page Goes for Lean, Clean Look

February 22nd, 2013
Yahoo CEO Marissa Mayer is putting her money -- or rather her shareholders' money -- where her mouth is. Mayer has been proclaiming Yahoo's mission of becoming a must-visit daily portal equally accessible via PCs and mobile devices. To that end, the company unveiled a redesign of its website on Wednesday.

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Officials shocked by flow of money in U of R carbon dioxide project

February 20th, 2013

After concerns were raised about an apparent conflict of interest one at of Saskatchewan's most prominent scientific ventures, some started asking: were hundreds of thousands of tax dollars wasted?

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Is your hotel trying to choke you with an iPhone app?

January 27th, 2013
In an effort to save money (and annoy guests), hotels are preventing you from making your hotel room cold. And it's all controlled by a little iPhone app. [Read more]

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What will your raise be in 2013?

January 4th, 2013
Will you see a fatter paycheck this year? Let Money magazine know how much you expect in its latest poll.

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American McGee out of money, turns to Kickstarter

January 4th, 2013
Alice developer's Spicy Horse Games asking for $200,000 to finish free-to-play title Akaneiro: Demon Hunters.

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Better Bet in 2013: Apple or Yahoo?

December 31st, 2012
Shares of both Apple and Yahoo appear to offer continued growth, but the "Fast Money" pros say that one stock was better than the other.

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The best money-saving tips of 2012

December 31st, 2012
Get a refresher course on the secrets of cheap Apple gear, the most affordable smartphone ever, saving money on just about everything you buy online, and more. [Read more]

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Making Money Off Legos, Brick by Brick

December 30th, 2012
Investors understand the value of stocks and bonds. But Lego bricks? Those ubiquitous interlocking bricks, usually seen stuffed in closets, tucked under toy boxes and scattered across playrooms, aren't what most people typically think of as an investment. But to some, like David Schooley, Lego bricks are serious money, and buying them and selling them, just as some investors trade stocks, is turning into a way to turn a profit, brick by brick.

Schooley, a 49-year-old information technology professional in Memphis and father of six, is one of a small but growing niche of people who buy and hold Lego bricks, not as toys, but investments that will appreciate when sold later.

Just as stock investors have portfolios of all different sorts of stocks, Lego investors hold massive collections of Lego sets. Schooley, for instance, has more than 3,000 Lego sets piled high in a climate-controlled storage facility. Most of the sets he bought years ago, with the plan of selling them a year from now for a profit. Doing this again and again generates Schooley a tidy 10% to 15% annual profit, he says. That tops even the 10% long-term average return of stocks.

"You start to realize these are worth a lot of money," he says. "It's more of an investment."

Investing in Lego bricks may sound ludicrous to those who see them just as kids' toys. But savvy investors can get a big score if they know how to buy the toys from stores, hold them and then sell them online later.

It's not just a theory. Let's say two investors had $10,000 to invest at the end of 2011. One investor bought 174 shares of the Vanguard S&P 500 index exchange traded fund for $57.45 apiece, while the other bought 100 boxes of the Emerald Night Lego train set for $99.99...

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The Instagram dust-up: Is anything really free online?

December 28th, 2012

The recent Instagram controversy shows that no matter how seductive the internet can be, there is ultimately a cost to every keystroke or click, even if no money changes hands.

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