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The leveraged ETF blowup and more: Tip'd hottest stories, Aug 10 edition

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Filed under: Banks, Extracurriculars, Real Estate, Investing

This is a round-up of the most popular finance links from Tip'd, the social site for financial news, in the past week. This week's stories includes a mythbusting rundown on the leveraged ETF "blowup", a thought-provoking analysis on whether one should give money to the homeless, and some great saving tips from the folks who helped make saving "cool" on the internet.

Why Everything You've Heard About Leveraged ETFs Is Wrong (29 Tips)
It's time to dispel a lot of the myths surrounding leveraged ETFs that have been circulating in recent weeks. Like almost any investment, leveraged ETFs can be used inappropriately. But if used appropriately, these products can be powerful tools. Check out the discussion.

I'm Not Smart Enough To Save On My Own (26 Tips)
Saving can be a tough thing to actually do! Here are some great reasons you should set up automatic savings! Read what people are saying about it.

50+ Things Everyone Ought to Know About Their Money (22 Tips)
How well do you know your money situation? Here are 50+ things everyone ought to know about their money. Read what people are saying about it.

Should You Give Money to a Homeless Person? (22 Tips)
Should we give to the homeless begging for money or are we just contributing to their addictions and their lifestyles. Maybe this will change your mind? Read the comments.

The Fallacy of Relative Price Evaluation (21 Tips)
Boil your buying decisions down to their most basic level. Look at the actual dollar amounts involved instead of viewing things in a relative context. If you don't, then your high dollar purchases will almost certainly wind up costing you even more. Read what people are saying about it.

You can get more of today's hot finance stories at tipd.com. At Tip'd, the community chooses which financial stories go "hot" and appear on the homepage. The links above are those links which got "tipped" the most in the past seven days by the community members.

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Zac Bissonnette
Zac Bissonnette Filed under: Debt

How much debt is too much? Depends!

To be fair, looking for bad advice in US News & World Report is a lot like trying to find something beautiful in the Louvre. It's just too easy. Last week, I took US News to task for advising ...
Barbara Hernandez
Barbara Hernandez Filed under: Technology, Fraud

Facebook to streamline privacy for users

Mark Zuckerberg released an open letter to Facebook users that promised to keep information private by making it simpler to do so. Zuckerberg also said that Facebook, originally created for college ...
Julia Scott
Julia Scott Filed under: Bargain Babe

Charlotte Russe BOGO 50% off sales

The low budget fashion-forward retailer Charlotte Russe has some great sales going on. I've gotten some really cute earrings there that were worth it even though they didn't last more than six months. ...
Barbara Hernandez
Barbara Hernandez Filed under: Technology

Time Inc. takes the Apple Tablet

Sports Illustrated has decided to go with Apple's Tablet by unveiling a prototype video of what the magazine would look like with the new technology. Too bad the Tablet hasn't been released yet. So ...

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