If one of the more thrillingly empowering elements of the internet boom of the late ’90s for the average capitalist was the advent of online consumer stock trading, commissions were regularly there to put a damper on the proceedings. Although still much cheaper than your typical brokerage house, it was still a heavy fee for people that did not have a lot of money to invest. A new startup called Zecco (Beta) is putting a welcome spin on the issue, offering stock trading with zero commissions. A budding online financial community, Zecco is a space for the exchange of financial information, allowing for informed trading in stocks, options, bonds, and mutual funds. Because traditional online brokers spend significant money on marketing, the overhead is passed on to the user in the form of commission fees. Zecco simply cuts out the marketing costs and lowers commission to zero.

That’s a price I like. Bear in mind, of course, that Zecco is still in Beta; don’t go putting your whole savings into a startup.

You can preview the site here:
http://www.zecco.com

Source: GigaOM

SmartMoney has released what could be the ultimate guide for the bargain shopper. Like the name suggest, it provides us with the best time to save on a particular item. Need to buy a plane ticket, the article suggest to buy on a Wednesday, 21 days before your flight. The reasoning is very simple, at the 21 day mark is where airlines try to rush to fill seats and that typically on Tuesday evening or Wednesday morning is when they make their pricing changes. Going to broadway? Why not headover to TKTS booth in Times Square where you can easily get prime seats for half the price.

Read the rest of the article at SmartMoney …

Source: LifeHacker

So it’s not just me that when investing in stocks it feels more of roll of the dice than anything else. The Buy, Sell, Hold die from Tiffany & Co. is a half-inch sterling silver cube with the words, “BUY”, “SELL”, and “HOLD” on each side.

It only retails for $75, a paltry fee compared to what you shell out in brokerage and stock broker fees, and I bet it would work as well. Hell I bet your stock broker has one on the desk right now, and for the past year him or her have been giving you advice on a roll of a dice.

More information at:
Tiffany & Co.