You might not even know that all the cellular companies have to bid over a special frequency (700 MHz), so they can offer services like mobile calls, messaging and videos to your cell phones.

This time Google wants to participate in such bid and confront big mobile providers like Verizon, AT&T and Sprint. Let me tell you, it’s a good thing! Google wants to open the cellular frequencies to any mobile device which can support them, and that means that Verizon and company will not be able to make huge profits by disabling the most wanted features (like Wi-Fi, etc) in our mobile phones. Such event also will force innovation and spread of startups in this business.

The main reason Google wants to step in this game is the ability to offer their search engine to the mainstream, and, no doubt, AdWords and AdSense to the mobile devices. However, they want make it in the open way, like open source software. Sweet!

The 700 MHz wireless spectrum auction is shaping up to be a corporate battle of epic proportions. There’s a ton of money at stake as well as the future of the wireless market, and who controls it. AT&T says Google should “put up or shut up,” but Google thinks the auction is rigged to favor incumbents. Google, though, and consumers, and pretty much everybody that’s not an incumbent, want a section of the spectrum reserved with requirements that are more consumer friendly. Though incumbents have argued that doing so would devalue the spectrum and limit competition, the intent is just the opposite, to foster new players in the arena, and by default, putting pressure on incumbents to think more about customers and less about the bottom line.

Google is offering about $5 billion to FCC, but only if the federal agency enforce four principles of open access. I hope, Telecom companies may not want pay such money, so Google has a chance to win. Go, geeks!

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This edition consists of the following sections:

• Mutual Funds
• Education
• Investing
• Personal Finance
• Miscellaneous

Miscellaneous

Wolf Stone talks about various Sentiment Indicators to gauge whether he should be long or short in the markets and specific sectors in his 5 Ways to Gauge Market Sentiment.

WBL presents How Capitalism Really Works, saying, “Here’s an amusing anecdote on how capitalism really works.”

The Smart Trader rumbles about the connection between Murphy Laws and human nature in financial trading in his Do You Need
Trading Rules?

Millionaire Mommy Next Door gives you a Recipe For Success, Wealth & Happiness and says: “Add ingredients generously and mix thoroughly to blend.”

Aaron Wakling talks about another way to protect your bank account online by using Virtual Prepaid Credit Cards.

Eric Hudin presents Protect, Provide & Profit - A Family Limited Partnership, saying, “A Family Limited Partnership is becoming one of the most popular methods to pass the equity in a larger estate to the heirs at a discounted tax rate, while retaining control, and at the same time, protecting the assets from lawsuits.”

Thomas Humes dissects the mind of a millionaire in his Millionaire Mind - Think Like A Millionaire, saying, “Millionaires, multi millionaires and billionaires have a unique way of looking at money. Learn about it and apply it to your own thinking.”

Jimmy Atkinson unveils the secret conspiracy theory of how a government can use fear of terrorism and actual terrorist acts to manipulate market in his How Does Terrorism Affect Your Trading? I would say such events are very effective and give very good results by creating wide swings of market prices, especially for oil and gas.

A former SEC Enforcement attorney, Uncle Leo rumbles about The Secret to Building Wealth.

Cade Krueger gives some opinions on how Find People Who Are Looking To Help Financially if you want to push your business
even further…

Conclusion
That concludes this edition. Submit your blog article to the next edition of Investing For Simple People using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Rules
The blog carnival is to feature best articles, not whole blogs or links to the categories, nor press releases, nor disguised affiliate sale pages. We also reserve a right to refuse an article if it has no potential value for our respected readers and/or a “copy-paste” from free article directories. We allow maximum two articles from the same blog for a single carnival edition, so these carnival posts do not look like Technorati spam. As you can see, we are quite serious and trying to make this carnival a valuable resource for our readers and partners

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This edition consists of the following sections:

• Mutual Funds
• Education
• Investing
• Personal Finance
• Miscellaneous

Personal Finance

KCLau unveils Top Quality of a Perfect Personal Financial Planner, saying, “Getting the perfect financial advisor is not an easy task in Malaysia. Most of the time, you are approached by a so called financial planner but who actually sells merely insurance, or unit trust, or some banking products.” He also found some financial lessons in the Transformers movie (quit interesting to read) in his Money Lessons from Tranformers movie.

Brian Thibault shows 10 Ways to Pay for College with OPM (Other People’s Money), my favorite is #9 (Military Service) - I think, if a student does not survive (15% chances), then a government has a chance to forgive someone’s else loan

Larry Russell presents Lifetime investment assets of renters - with investment cost improvements, saying, “Fran and Fred expect to pay investment costs that are typical of an average investor. This graphic is one of the reasons why The Skilled Investor keeps harping about reducing investment expenses. Even average investment costs are simply outrageous, and they can be the difference between success and failure of a family’s lifetime financial plan.”

Warren Wong gives an example on how to save money simply by refusing buying a car in his Why Not To Drive; while it works only in the big cities in US, this tip is exactly what they do in Europe I hope one day we have good Public Transportation in the USA.

BrandonL talks about reverse mortgages for retirees in Popular amongst the retired crowd. While it seems to be an interesting thing, I consider it simply a debt increasing machine for people…

ChristianPF raises again the topic about the personal emergency funding in his How to make more money with your emergency fund, by keeping it in money market fund.

Ryan presents 101 Ways to Trim Your Budget, saying, “Managing your finances is never easy, just ask any of the millions of Americans who struggle on a daily basis to live within their means. The key to successful financial management is effective budgeting. Read on for 101 ways you can reduce your budget (and your stress) with a little planning, patience and practicality.”

John Wesley presents 78 Timeless Wealth Building Tips from Benjamin Franklin, saying “Most of the financial advice you get around the web is based on opportunity. People are always looking for the newest way to earn cash for the least amount of work. It’s no surprise most people struggle to build wealth, jumping from one opportunity to the next, wondering why nothing ever works.”

Tim Ramsey presents Student Debt Relief - How To Get Yourself Out Of Student Debt, saying, “In this article you will find out how to get yourself out of student debt the smart way.”

Eric Stanley talks about walking the walk in his Personal Financing - Dos And Don’ts, and shows how to save extra cash from your daily routines in Free Up 2,000 A Month - Easily.

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This edition consists of the following sections:

• Mutual Funds
• Education
• Investing
• Personal Finance
• Miscellaneous

Investing
Christopher J. Brunner presents Lease or Rental Agreement. . . That is the Question, saying, “When you’ve invested in real estate for a steady income from a tenant, it’s important to know whether a lease or rental agreement is the best option for you.”

Wolf Stone gives gold a run, investigating the potential of owning gold commodity in his Buy Gold During the Summer Doldrums?

Josh presents Make Corporate Bonds Work for Your Portfolio, saying, “There are many ways a company can raise capital to expand its corporate reach or add a new product line. Two ways a company can raise capital…”

Babak introduces reviews of social websites related to investing (MySpace of investing, anyone? ) in Guide to Social Investing Websites. He also presents Yeeee-Haw!! Bulls Stampede Through Wall Street, saying, “The stock market is rocketing higher and it is taking everybody by surprise. Almost no one believes it can go higher. Especially the small investor who has pushed the odd lot purchases (transactions less than 100 shares) into historic bullish extreme. The Wall Street insiders however are taking full advantage and have been buying with both hands for a month now. Who do you want to side with?”

FitBuff presents How to Take Advantage of the Stock Market’s Summer Slump, saying, “Interested in adding to your portfolio or starting a new one? The summer is usually one of the best times to get in the stock market game, and here’s how and why to do it.”

WBL gives his opinion about current situation on the Real Estate market in Is It A Good Time To Invest In Real Estate?

David compares stocks with Real Estate in his Stocks versus Real Estate Investments. It’s an interesting article, however, he does not mention that a property should appreciate at the rate of (Interest % + Inflation %), thus if the current mortgage interest rate is 7% and inflation is 4%, then the property should gain more then 11% a year! For example, if you buy a house with the $180,000 price tag, it should be appreised at least for $199,800 by the end of the first year; it does not happen in most cases…

Allen Taylor presents Making Big Money By Looking At The Seasons Of Investment, saying, “All forms of investment markets have “seasons” just like the very predictable weather patterns of spring, summer, fall and winter.”

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