Finance Fox Weekend Recap – RIM Revisting Winning Ways!

RIM

BB10 vs iPhone 5

Microsoft hasn’t impressed all that much lately. And even with Windows 8 giving it a boost, critics are out in full force. Apple is same old-same old, lots of creative marketing while the product hasn’t changed all that much. Having said that, this has installed fear into the investors and Apple’s stock has been somewhat on a downwards turn. In the world of smartphone sales and technology, the one company that has been enjoying the New Year so far as been Research in Motion (RIM). The kicker is that they’re the only tech company not to make a major announcement. Sure, BB10 launch is around the corner, but that has become somewhat old news.

The company’s stock jumped another 2.25 per cent on yesterday, continuing a tear that has seen the stock more than double in recent months, flirting this week with its 52-week high of just over $18. Most of the positive hype has been due to rumours that Lenovo is looking to acquire the Waterloo-based company. Without a doubt RIM is riding some great momentum going into the launch of BB10 that’s only days away.

Whether the Waterloo, Ont.-based tech company can maintain that momentum is another story. Next Wednesday, when the long-delayed BB10 operating system makes its public debut will be a solid indicator of which way the momentum shifts or whether it stays the same. Even though I’m not longer a BlackBerry user, I’m certainly cheering this Made in Canada story by Canada’s largest tech company. Who knows, maybe one day we’ll see the stock price jump back up to $150 again – where it was only a few years ago.

Here’s this week’s Finance Fox weekend recap.

My Own Advisor - The idea of owing money to others, a financial obligation, doesn’t sit well with me. And as a reformed spender, I know debt all too well unfortunately. That being said, you can hopefully use me and my debt story as inspiration  and read  the 3 golden rules to rid yourself of debt.

Za Vas – Her most notable acting gigs consisted as Valenka in Jame’s Bond’s Casino Royale, the show Ugly Betty and as the Soviet intelligence officer Dasha Fedorovich in Command and Conquer: Red alert 3 and Red alert 3: Uprising. Yes, we’re talking about one of my favorite actresses - Ivana Milicevic.

Canadian Budget Binder – One question no realtor want’s to hear – Why has my house not sold? It’s likely the first sign that things aren’t going well. But why? Why do you think certain homes that hit the market don’t sell as hoped?

Eyes on the Dollar – Most of us have probably had several jobs before age thirty. Sometimes you have to go through a few crappy jobs to make you appreciate that good one when it comes along. But, do you ever think about the benefits of a crappy job?

Frugal Rules – Routine maintenance is something that needs to be done routinely from your finances to your money. But, very few do it because routine is dull and boring. However, that being said I firmly believe that non-routine maintenance eventually catches up to you. So, don’t be a fool and instead understand the 5 ways routine maintenance pays off.

L Bee and the Money Tree – How to get more pushin’ for your money cushion. It’s important to have money stashed away. Tare several ways to implement and use a money cushion, every blogger  has a different method and they all work, just so long as you have some variable money is the important thing.

Making Sense of Cents – Most people know what a virtual assistant does, and for those of you don’t know, Michelle does solid explanation of what a virtual assistant does. But finding a reliable virtual assistant is a whole other ball game. The thing most business owners forget to take into consideration, that out of thousands of VAs that exist, only a handful are reliable and willing to fully bat for your business – the rest are fly by nigthers looking to make a buck on the side.

See Debt RunSDR turns one year old. Congrats guys!!

Dividend Ninja – If you’re in debt, you may be struggling with the proper balance of paying off that debt and investing. So, I say pay off debt before you invest – this is coming from someone who was in debt not too long ago. When you try to do both at the same time, it’s hard to focus and dedicate yourself fully.

iHeart Budgets – Here’s how Jake saved $300,000. All I’m going to say is…..creative!!

Thanks for stopping by for this edition of Finance Fox’s weekend recap.

Hope you have a fun weekend. I’ll spend mine packing for Sin City – where some posts will come from starting next week.

Eddie

 

Comments

  1. Thanks Eddie. Hope your weekend is grand.
    Kim@Eyesonthedollar recently posted..Girl Scout Cookies Cost How Much?My Profile

  2. Thanks for mentioning my post! Appreciated.
    Michelle recently posted..Reconnecting With Family – An emotional postMy Profile

  3. Thanks for the mention Eddie. I’ll say AAPL has been on a downturn, it has been taking a beating. Glad I got out of my call option when I did. :) Have fun in Vegas, we’re planning a trip there sometime this year ourselves.
    John S @ Frugal Rules recently posted..Frugal Friday: Blog Posts That Ruled This Week, I Hate Being Sick EditionMy Profile

  4. Thanks for the mention!
    L Bee and the Money Tree recently posted..….When You’re Talking in Your SleepMy Profile

  5. I’m a Microsoft fan, because they’re been the (large) underdog for a while, and I’m diggin’ their efforts. That being said, I don’t see them emerging as a front-runner anytime soon in the mobile marketplace. Also, i haven’t read much about it, but are the blackberry’s going to run android, or a BB operating system?

    Thanks for the mention this week.
    Jacob @ iHeartBudgets recently posted..How I Saved $300,000My Profile

  6. Hey Eddie… I am not so positive about RIM’s outlook… a lot of businesses are looking for exit strategies to other phone services. Let’s just hope for RIMs sake that BB10 is a huge success… with Apples current downfall, there couldn’t be a better time to launch!
    Savvy Scot recently posted..3 Things to Consider Before Jumping on the Property LadderMy Profile

  7. Thanks for the mention mate, have fun on your holidays.
    Canadian Budget Binder recently posted..Mr.CBB’s Personal Finance Weekly Reading List #4 Rob Ford In From The Cold, The Sandwich GenerationMy Profile

  8. Thanks for the recap. I would like to mention that the blackberry and an iphone are falling behind in tech. behind the Android line. You have to wait 2 years for a meager upgrade on an iphone, hardly worth it. Thanks
    Dave recently posted..Cheap Ways to Increase the Value of Your HomeMy Profile

    • Hi Dave!
      Thanks for stopping by. As someone who upgraded to iPhone 4S about 9 months ago, I’m still navigating my away around. I stayed away from the 5 simple because the minor cosmetic upgrades weren’t worth my money. In terms of BB, well they’re Canadian and would want to see them gain some of the market share back.

  9. I have been using iphone since 2008 and like me there are millions of people who are loyal to apple product just because of iphone. And I think there is no comparison to iphone and blackberry.