Personal Finance and Investing

Just because the economy in our nation is going through a little bit of turmoil, that does not mean that we have to be all doom and gloom about the world. Don’t watch the news if you can’t stomach the headlines. Why should you get pulled into all the negativity about how our economy is going down the drain? The truth is, there is another side of the issue that we never really hear about: There are people in our economy right now that are getting rich. There are other people who are currently positioning themselves in such a way that they can prosper heavily as soon as the economy begins to swing back into our favor, a growth cycle.

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Thanks to the help of all of you, this space is usually first with the meaty news in Canada’s VC industry. Our post about the death of the proposed VenGrowth / Covington deal beat the actual formal press release and the mainstream media by a full five hours (see prior post “VenGrowth deal dead?” Dec 17-10).

With that formality out of the way, GrowthWorks and VentureLink are well positioned to make their own formal offers to the VenGrowth board in January. Now that the VenGrowth management contract is in play, it will be tough to put the genie back in the bottle.

Deputy to WikiLeaks founder Julian Assange has vowed to launch a rival site

As the political impact of sensitive diplomatic information continues to reverberate, a set of WikiLeaks spin-offs hopes to capitalise on the successes of the whistleblowing site and its Australian chief, Julian Assange.

The US and other authorities have cracked down on WikiLeaks and Assange since the site started publishing thousands of confidential US diplomatic cables that have embarrassed both the US and other parties around the world.

Assange, who founded WikiLeaks in 2006, seems to have inspired a flood of new gossip-mongering sites.

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As 2011 approaches and your year-end task list lengthens, we bring you a special PSA: Don’t forget to rebalance your investment and retirement portfolios. Rebalancing a portfolio is kind of like getting a haircut for your investments—you start off with the style you want, but it gets pretty messy unless you groom it every so often. The LearnVest deadline for visiting the financial barbershop is December 29th, but we know how much it sucks to pore over investments when you’d rather be enjoying Christmas and New Year festivities, so we recommend that you do this now. We’ll

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