[dropcap]T[/dropcap]he Financial Index is Daily Capital’s roundup of our Editor’s Picks for the day – featured trends and market analysis from around the Web.
Get Rich Slowly: By setting big goals, living frugally on a written budget, and working side jobs, this couple was able to pay cash for their first home in under three years. Crystal Paine shares her story.
Investor Place: Through media stocks haven’t been particularly successful, if investors want to put their money in media, Investor Place recommends buying exchange-traded funds instead of stocks. By mixing your media stocks with others in an ETF investors gain diversity and better returns.
The Psy-Fi Blog: Data from the internet can be used to track everything from employment trends to the spread of disease to celebrity hairstyles. Psy-Fi blog examines the possibility of predicting stock market trends based on social media and investor sentiment.
FX Street: There are some parts of the Greek debt accord that are yet to be completed. There are other options, leaving the completion of the debt accord up in the air as the Euro falls.
Abnormal Returns: Joe Terranova shares a chapter from his new book, Buy High, Sell Higher: Why Buy-And-Hold Is Dead And Other Investing Lessons from CNBC’s ‘The Liquidator’,” on making an investment calendar.
FX Street: Gold is already up 6 percent this year, gaining momentum as uncertain situations in Europe and the Middle East grow more tense. The EU agreed to freeze the assets of the Iranian Central Bank and banned the trade of gold and other metals with Iran.
Image used under Creative Commons by Flickr user Images_of_Money
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