Personal Finance Daily: Hurry and cash in on short-sale tax savings

	Personal Finance Daily JUNE 04, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: Hurry and cash in on short-sale tax savings Your social-media posts could get you in hot water E-books rewrite the rules for book industry Why your portfolio doesn't need gold Not everyone likes the same thing. And nowhere is that becoming more evident than on social-media sites, where a worker's "likes" or postings may conflict with those of their employers or colleagues. Ruth Mantell reports in her On The Job column about cases where employees—rightly or not—have found themselves in hot water. Recent cases highlight an emerging reality about potential repercussions at work after engaging in social media: With Facebook users generating billions of "likes" and comments every day, there's plenty of potential for workplace problems, Mantell writes. There are some protections for workers, but individual cases can be complicated and many companies are in the process of developing social media policies. Also on MarketWatch today, Amy Hoak writes that more homeowners are turning to short sales to sell their property. She notes that the tax-relief savings on these deals are scheduled to expire at the end of this year. While short sales have notoriously taken a long time to complete, there's still time for sellers to get these transactions done, she notes. — Anne Stanley , Managing Editor, Personal Finance Your social-media posts could get you in hot water A simple click of Facebook's "like" button can also set in motion a surprising—and potentially negative—chain of events. Your social-media posts could get you in hot water. Hurry and cash in on short-sale tax savings An increasing number of homeowners who are underwater on their mortgage are selling their homes by short sale, and that could become an even more popular option during the rest of the year. Read more: Hurry and cash in on short-sale tax savings. E-books rewrite the rules for publishing industry Just five years after Amazon.com introduced the Kindle e-reader and created a market for e-books virtually overnight, digital publishing is a hot topic and the book industry has never been more exciting for publishers, authors, readers—and investors, writes Jeremy Greenfield, editorial director of Digital Book World. Read more: E-books rewrite the rules for book industry. 2012 Hyundai Veloster If you're thinking about buying a Veloster, wait until later this summer, when Hyundai plans to replace the anemic powerplant with a turbocharged engine. Read more: 2012 Hyundai Veloster. INVESTING For a super portfolio, invest like a superhero Chuck Jaffe sat through "The Avengers" and came away with the movie's personal-finance message: Invest like a superhero. Read more: For a super portfolio, invest like a superhero. Why your portfolio doesn't need gold Gold defies efforts to calculate its worth—or even to describe how it behaves as an investment. Read more: Why your portfolio doesn't need gold. Can 'skin in the game' pose conflicts? Investors often complain that mutual-fund managers don't put their own money at risk and thus don't have enough "skin in the game." Read more: Can 'skin in the game' pose conflicts? A smarter way to invest globally? It's time to think differently about international investing, some say. Read more: A smarter way to invest globally? How to trade in a bear market To stay on top of the market, be open to when one trend ends and another begins. According to one professional trader, that time is now: The bull market has ended and a bear market has begun, writes Michael Sincere. Read more: How to trade in a bear market. Will the summer rally begin in June? Hope always springs eternal on Wall Street, but especially in June. Read more: Will the summer rally begin in June? Gold bushwhacks bears, again Looming weekends seem to be getting dangerous for gold bears. And, once again, gold bulls sense a major breakout. Read more: Gold bushwhacks bears, again. ECONOMY AND POLITICS U.S. factory orders decline 0.6% Orders for goods produced in U.S. factories decreased 0.6% in April, the Commerce Department reported Monday. Economists surveyed by MarketWatch expected orders to rise by 0.1%. Read more: Factory orders fall for second straight month. Employment-trends gauge rises in May A gauge of employment trends rose in May, signaling that jobs growth may not slow further in coming months, according to a monthly labor-market report released Monday by the Conference Board. The private research group said its employment-trends index, which is designed to forecast turning points in employment, increased 0.29% in May from the prior month. Read more: Employment-trends gauge rises in May. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. 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