Highlights, Favorites, Deals, & Oddities – Week of 7-5-10

Posted by | Posted in Finance News | Posted on 08-07-2010

Hope everyone had a great 4th weekend. This heat wave is ridiculous! I’m begging for a return to the 70’s. Personal highlight of the week? I went to a Devo concert. And Whip-It is still stuck in my brain. Damn you, Devo!! Here are the highlights, oddities, and deals for the week starting July 5, 2010. First, a look back at 20somethingfinance posts.

20somethingfinance Highlights

The 20something finance Facebook family has grown to over 60 fans from just 20 in 2 weeks with the upgrades I made to the page. That’s 300% growth in two weeks when this blog has been around for 2 and a half years! Thanks to everyone who has become a fan and helped the community there grow. Now on to the posts…

  • A Guide to the New Bank Overdraft Protection Fees Rules: Has your bank kindly offered you to opt-in to their ‘convenient’ overdraft protection service? Sounds lovely, right? Not so fast. This guide break down what the new rules mean and help you decide whether or not to opt-in.
  • Are Home Sale Losses Tax Deductible?: Since capital gains on home sales can potentially be taxed (similar to equity investments), it intuitively makes sense that you could deduct losses from a home purchase and sale. But is that the reality?
  • Should you give Money to Panhandlers?: Over 100 people have already voted on this reader poll, but the comments you’ll read are turning out to be very different from how the votes are turning out.

Other Personal Finance Highlights:

  • Hulu is Putting the Breaks on Free TV (genxfinance): With Hulu turning to a pay-model, ditching your cable for cheaper online alternatives has become a lot harder.
  • Why Organic Food Costs So Much (Mint): Mint highlights some of the reasons why organic food costs more than the non-organic versions.
  • A Market Forecast that Says ‘Take Cover’ (NYTimes): Stock market Armageddonists are starting to come back into the picture. One is predicting the Dow will drop below 1,000 in 5 or so years.
  • 1.3 Million Unemployed Won’t Get Extended Benefits (Yahoo-AP): Unemployment benefit extension was voted down. So what happens to those who don’t get benefits now?

Deals:

None worth mentioning this week.

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