Financial Ramblings

avatar By: IS
Date posted: 05.15.2010 (7:42 am) | Write a Comment  (0 Comments)

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Google shocked many yesterday by announcing it would close down its Nexus One online store because the results have been too bad. They have apparently found out that users prefer shopping for mobile phone in physical outlets, so they will put all efforts on those retail stores instead of the two way approach. Now the big question. Is it good that Google is admitting to the mistake so early or is it bad that they did not realize ahead of time or do proper research?

Now here are some of the good readings I enjoyed this week!

If Facebook were smart @ BuzzMachine
Bond mutual fund flows turn negative @ BondSquack
Yahoo (YHOO) US traffic is collapsing @ Sillicon Valley Insider
Baidu (BIDU) soars after stock split @ BloggingStocks
Do’s and Don’t when trading ETF’s @ CanadianCapitalist
Cisco set to move higher @ TheStreet
Mutual fund investing: active vs indexed @ Moolanomy
Owning rental property vs owning REIT’s @ MillionDollarJourney
Time Cover: New Sheriffs of Wall Street @ TheBigPicture
Asset Allocation Basis: Closer look at Fixed income @ GreenPandaTreeHouse
Game 7: Montreal Canadiens vs Pittsburgh Penguins @ TheFinancialBlogger

More on this topic (What's this?)
Loon Prepares to Take Flight
Google Launches Fi, Takes On Wireless Too
Read more on Google at Wikinvest
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