Well, it had to happen at some point.  Jerry Yang, the head of Yahoo Inc. is stepping down from his role as chief executive.  

This is probably a good move.   Back in 1999 yahoo used to be a good company.  But most recently Yang missed an opportunity to sell Yahoo to Microsoft for 33 dollars a share.  Historically though, yang has failed to capitalize on a number of business opportunities.  For example he tried to create his own advertising network to complete with google – which failed to pan out.   Also, yahoo has thoroughly lost the search engine wars.  Google is now by far the preferred method for finding things online – people use yahoo only very rarely. 

Best, 

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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