Brightbridge Wealth Management: What tips are useful for a young adult who is saving for retirement?

http://answers.yahoo.com/question/index?qid=20110522020147AA05IzV

to invest with long term in mind
to invest in different types of schemes
To invest thru Systematic investment plan
Select a fund house and adviser after careful study
Do not shuffle the portfolio in the short run

Brightbridge Wealth Management Headlines: Microsoft-Watchers See A Company In Decline

http://brightbridge-wealthmanagement.com/

Today at BYTE it wasn’t all Google+, Apple OS X Lion and Ubuntu talk. Rather, we’ve been debating a question that–in all my years covering tech, beginning as a beat reporter on Microsoft–was one I thought I’d never hear.

Is Windows dying? And then, riffing off of that, the discussion moved to the Windows Phone 7 update code-named Mango, due this fall.

And then it migrated to the fate of Microsoft in general, given the steady erosion of Redmond’s influence in a now tablet- and mobile-focused world.

Predictions on all fronts were dour. I spoke to some of our staffers, many of whom are high-level IT folks. I also contacted some Microsoft experts (known as Microsoft MVPs) close to the company. No one had high hopes for Microsoft gaining ground in any of these areas.

It’s strange. Back in 1989, I covered the posh launch event in NYC where Microsoft unveiled its buggy Windows 3.0. Then CEO Bill Gates was exultant at the announcement, grinning as he unveiled the new graphical user interface at the Windows of the World Restaurant.

I spoke to Gates’ mother that night, who told me, I’ll never forget, “this is the happiest day of Bill’s life.”

Brightbridge Wealth Management Headlines:Aifa warns over cost of FSA data collection plans

http://brightbridge-wealthmanagement.com/2011/05/brightbridge-wealth-management-headlinesaifa-warns-over-cost-of-fsa-data-collection-plans/

The Association of Independent Financial Advisers (Aifa) has warned over the £9.6 million cost of the Financial Services Authority’s (FSA) new data collection project.

Aifa director of policy Andrew Strange called for the FSA to demonstrate the practical application for its data proposals which he argued had significant cost and time implications for adviser firms. He said the proposal to monitor adviser charging through retail mediation activities returns was alarmingly close to economic regulation.

‘We have real concerns about the cost and time implications of these proposals for adviser firms,’ said Strange (pictured). ‘An assessment of service based on price can be dressed up as ensuring value, but is simply price regulation’

Strange also had concerns over proposals to collect complaints data on individual advisers. ‘The Financial Services and Markets Act makes clear that a complaint originates at a firm level, not with an adviser. As many advisers will testify, complaints often arise relating to non-advice issues, such as administration failings,’ he said.

The FSA estimated that the new systems needed to handle adviser charging information and complaints figures for individual advisers would cost between £1.9 million and £1.3 million while firms faced one-off costs of around £6.7 million. The cost benefit analysis for the data collection paper also estimated annual ongoing costs of £2.9 million from the new proposals for businesses.

‘Small firms will have fewer transactions to report and are less likely to need sophisticated systems to enable data record management so reducing their set-up  costs,’ stated the FSA. ‘However, this works against them on an ongoing basis as the lack of systems and processes that improve efficiency and regularity of data collection could be influencing their estimates for ongoing costs associated with the new retail mediation activities return data proposals.’