Around the PF Blogosphere: March 20, 2008

Here are some articles I found worth reading:

• Consumerism Commentary has a post on a study which shows that payday loans cause more bankruptcies. The conclusion should be of no surprise if you know what payday loan is and how it works.
• Haven’t filed your tax return yet? Check out a review of TurboTax by The Digerati Life for what you can expect from a popular tax preparation software, which is also my choice for the past two year (BTW, Generation X Finance is giving away 3 TaxCut Federal + Stat flash drives).
• Quest For Four Pillars wondered whether Visa (V) is a Buy now. I don’t know, but the hype was certainly there before the IPO and the instant winners are no doubt those big banks which underwrote the deal. For small investors like me, the question I asked was “Is this a good business that I want to own?” The answer is Yes and I bought the stock yesterday.
• When Bear Stearns defaulted and sold itself for 2 bucks a share to JPMorgan Chase early this week, big losers are not only those investors who held the stock last Friday at around $30, but Bear’s employees who have the majority of their 401(k) money invested in their own company. Who could imagine a stock that less than one year ago was around $170 now becomes worthless. The lesson? Diversify, says The Penny Saved.

Popularity: 11% [?]

If you enjoyed reading this post, please consider subscribing to my full RSS feed. You can also subscribe by email to have daily updates delivered right to your inbox.

• Ready to buy stocks/ETF with zero commission? Check out the Zecco review and try Zecco Trading with these Zecco promotion codes to get 10 free trades/month.
• Seeking higher returns for your cash? Take a look at the latest interest rates from leading online banks and find out where to get the most for your money.
• Earn up to 5% cash back from these cash back credit cards while shopping at gas stations, grocery stores, or online.