5.5 year – 2.70% + MORE Jul 4th

Goldman Sachs outstrips BMO Nesbitt Burns in equity financing, while Morgan Stanley tops mergers-and-acquisitions rankings

In general, I’ve not been a big believer in Zynga (ZNGA) and I can’t imagine a complete reversal taking place.  There are a few brighter signs though. I did discuss the potential of Poker and online gambling becoming legal and how Zynga would be very well positioned which is certainly one part of the story.
Zynga Made The Right Move
A few days ago, Zynga made a huge move by hiring Don Patrick. Who is he? He was heading the xBox group at Microsoft (MSFT). Needless to say that no matter what you think of Microsoft, it was a huge job in one of the star divisions of the Seattle based company.  To be clear, this is a very expensive option as Mr Patrick’s compensation could increase beyond $50M depending on how well things end up going. There had been doubts about founder Mark Pincus and his ability to lead Zynga to a successful recovery. This seems like exactly the type of move that was needed. Unsurprisingly, the stock rallied big time:

Do you think it’s too late to jump on the bandwagon? May I remind you of another “dead” tech company that hired a star CEO just a few months ago? When Yahoo (YHOO) hired Marissa Mayer? Look how things have gone since then:

I’m starting to believe in the potential of going long Zynga…

This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.

This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.

The following article is a guest post by Barry Choi, a passionate DIY investor with no formal financial training.  When not finding more ways to save cash and manage his investments, Barry is a Director for CityTV Toronto.  Barry can also be caught daydreaming about his next travel adventure.  You can follow him on Twitter @BarryChoi.

After reading last weeks’ interesting post Super Simple Ways to Save More Cash I was excited to find that I already followed 18 out of the 20 tips.  Some may find following all of My Own Advisor’s tips a bit much so I present to you; Three Saving Rules I Live By.
Pay Yourself First
I admit it, I’m a budget whore.  I know exactly how much I’m spending, and on what.  I’ve set up my accounts to auto transfer money as soon as I get paid; so my longer term accounts such as investments, my vacation fund and car maintenance fund are taken care of right away.  In addition I set aside an amount for daily things such as groceries, gas, and house supplies…