New Rules of Investing Top Links 4/19/2009

Social Media

• Barron’s getting all atwittered (sub. required) over new apps used for trading.  Focusing on Twitter, this article illustrates how upstart brokerages like TradeKing and Zecco are incorporating social media into their trading platforms.  Read whole article here.

• Media firms are struggling with the traditional advertising model.  All are considering extracting money directly from users/readers.  Read a great article from Laserlike about when is the right time to sell pageviews and when it’s best to move into the lead generation space.

• Move beyond the traditional press release.  Check out the video tutorials on how to create your own Social Media Release.

• Brian Hamburger and Daniel Bernstein of MarketCounsel, one of the nation’s leading business and regulatory compliance consulting firms, addressed the compliance responsibilities of advisors who use blogs (pdf), LinkedIn, Twitter, Facebook, and any other social networking medium. While advisors would be wise to take advantage of the new media to grow their businesses, they must be aware of and adhere to their regulatory responsibilities.

Personal Finance

• For those of us more attune to watching our personal finances, this market has given us ample opportunity to reassess what’s important to us and what’s worth spending on.  Check out the NYT’s The Funeral: Your last chance to be a big spender.

• Get a tax refund?  Yielding Wealth explores what to do with a tax refund and looks at socking it away for a rainy day vs. paying off debt vs. investing it vs. spending it.  Read the whole thing.

Global Investing

• WSJ reports that China’s $200B sovereign wealth fund is gearing up to deploy capital and finding markets open to such investment in Europe that have previously shunned the China Investment Corp’s investment money.  Read the full story here.

Policy

• Tech industry applauds President Obama’s choice of Aneesh Chopra as National CTO.  Read the WSJ’s take on the Chopra’s appointment.

• The SEC has posted its compliance guide here (pdf) on its rules that require companies to submit financial statements in XBRL.

• Is financial innovation hurting or helping the poor?  You make the call in this NYT article.  Read the whole thing.

Industry

• Smith Barney is quickly losing advisors and client assets are flowing out of the new division of Morgan Stanley and Citigroup.  “If you see $40 billion dropping off the asset base in one quarter, that’s huge no matter what. They may be small producers, but a lot of small producers are with leaving with a lot of money.”  Read the article here.

Work

• B-school grads are looking beyond investment banking and beyond Wall Street in general.  The New York Times profiles some recent grads who are importing wine and becoming rabbis.  Read the whole article.

Tagged as: china, global investing, mba, obama, personal finance, social media, tax refund, web 2.0