The name of blog I would like to profile is MSN Money Top Stocks. This blog is maintained by Microsoft and most blogs are written by its staff journalist, partner, and Wall Street investors. Since most of bloggers are Wall Street investors who are at the top of their field and professional financial journalists who are very well respected in the financial journalism, their blog provides outstanding advice and up-to-date financial news. Since this blog is written by many bloggers, it is usual to see around six to eight posts a day except on weekends (since most of their posts are related to current financial data, they do not usually post on weekends).
This blog is probably one of the most popular blogs in the world. Since some of their posts are featured on MSN home page, it is not surprising to see a post with 150,000 views (when I say 150,000 views, it does not include readers who only preview the post). This blog has many interesting posts and it is very hard to choose a post if someone asks me to pick the best post. One of the posts that I find very interesting is a post by Douglas McIntyre. His post, “Could 50 million jobs be lost worldwide this year?” talks about the deteriorating world economy. I was very surprised when he mentioned that if the economy would deteriorate as it has been, the U.S. may lose 1 million jobs in January alone. He also mentioned that, “While it may be unimaginable to talk about the US defaulting on its debt or deferring interest payments, the chances of that rise as the economy gets worse and global unemployment accelerates.” This is what we have never anticipated even five months ago.
Another post that I find interesting is a post by Kim Peterson. Peterson’s post, “College financial aid the latest recession victim” brought 37,808 full-view readers and 133 comments. Due to the loss in most colleges’ endowments, students may see less financial aid than previous years. I know that this is not the case for my school which recently announced that it will increase its financial aid for its undergraduate students by eight percent during 2009-2010 school year. I think what enraged the readers was fact that despite the record loss for these institutions, they still have billions of dollars in their endowments. U.S. Senator Charles Grassley argues that, “Contrary to what colleges might argue, the weak economy makes a strong case for more endowment spending.” Please read my post on financial aid in coming weeks.
This blog is definitely related to my blog since it covers topics such as the current economy and personal finances. Not only that, this blog is very professional in its contents and maintain its writers to people who are in top of its chosen fields. Even though the bloggers are professional writers, they try to not to mention the details of certain events since this will deter the general public from reading their posts. The purpose of this blog is to educate the general public, not to analyze a financial statement of a corporation. But I know that they try to cover every aspect of the current economy as it progresses; this is evident by reading their blog, seeing at least five new posts everyday. This blog covers many different aspects of our current economic activity. I will regularly follow their posts and try to write posts on my blog that I believe very important for everyone to know. Readers of my blog will definitely see a difference between this blog and my blog since I will be focusing more on the real estate market and the personal finances. By reading this blog and my blog, you will be well informed about the current economic events and personal finances.
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