Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
GoBankingRates.com is holding the Personal Finance Olympics. Always one for a good competition, we entered our How to Compare Online Brokers article. So we could use some votes. The contest runs till July 29, which is more than enough time to head over, check it and show some support. Thanks!
Seems a new water café is drawing outrage in New York. The new concept will sell purified New York tap water for $2.50 per 16 oz. I’ve never had NYC tap water, so I can’t opine on its greatness or not. Is the outrage a pride thing? It’s somehow ruining an institution by purifying already great water. Nope. It’s that someone is selling tap water to the public after it’s been purified. Haven’t Coca-Cola and Pepsi been doing this for years with purified bottle water. For anyone interested, the new café does deliver by the gallon.
- The Retiree’s Guide To Portfolio Management – A good guide on the type of investing strategy used in retirement. Capital preservation is important. But with people living longer, there is room for growth too.
- Withdrawal Strategies In A Low-Return Environment – The low-interest rates are not helping retiree’s when it comes to withdrawals. There are alternatives but have added risks.
- The SEC Should Make Illegal the Advertising of Stocks – A great case in point of the dangers of penny stocks.
- Interview With US Attorney Preet Bharara – A great interview on policing Wall Street and investor confidence in the process.