Showing posts with label Warren Buffet. Show all posts
Showing posts with label Warren Buffet. Show all posts

Monday, November 29, 2010

Thoughts on The Bush Tax Cuts

The Bush Tax Cuts

If you happen to live amidst any sort of US media than you have no doubt been exposed to the Bush tax cut conflict.

The Bush tax cuts is a heated political issue. Democrats want to get rid of them for those who make more then 250 thousand dollars and keep them for those who make less then 250 thousand dollars.


If I had to pick one of the two choices (keep them or eliminate for 250k and above) I would eliminate them for the 250k income and above and keep them for those that bring home less then 250 thousand.

But if I was able to manipulate the choices a bit I would elect for the following compromise...


  • Keep the tax cuts for 350 thousand and below.
  • Keep half the tax cuts for 350k - 700k.
  • Eliminate the tax cuts for 700k and up.


To me this is the way to do it.

It protects the life style of the folks who are wealthy but part of the "income elite".

I can see how the tax cuts may be important to those whom are not millionaires. This is why I propose a sliding scale. This seems like a good compromise.

Also I am forced to give much consideration to what buffet has said on the matter which is that he thinks that rich need to step up and pay more taxes.

How can you argue with that?

I want to hear from you so tell me what you think and how you have come to that conclusion by leaving a comment.

- Finance Guy


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Thursday, November 25, 2010

Giving Thanks with 10 Links

I wanted to try and do something fun for Thanks Giving.

What to do. What to do.

I came up with the following...


I will come up with ten things that I am thankful for... but there is a catch.

The catch is that not only do I have to be thankful for them but I also have to be able to link to that of which I am tankful for. Thus these ten things must have a site or blog.

Young Finance Guy's 10 Links of Thanks

Taylor - You Must Go On

Amidst the chaos of spam, 30 billion dollars of advertising, 150 billion in sales, and the 30 something million websites that Alexa tracks, there is a small tiny excuse for a blogger named Taylor.

She writes about her thoughts, her day, her trials, and her tribulations. She calls herself out, she calls her friends out, and she will even call her family out.

I am thankful for her, and I am thankful for her blog.

I often wonder...

What is it about her blog that I like?

In truth I have not quite figured it out yet. But I have made some progress. It has something to do with the way she writes. Her tone at times seems so real. Her voice so honest. There are some posts, not every post, but there are some posts, that as I read I find myself in her shoes, living her life and viewing the world as it appears from her perspective. This, I imagine, is what writing is all about.

If you don't follow a blog like I follow Taylor's You Must Go On, then I encourage you to find one, even further...

I encourage you to start with Taylor's Blog.

You Must Go On - Taylor's Blog


Phil DeFranco

Man... I love this guy.

He is a vlogger. A true vlogger. In my eye's he is the first of his kind.

He provides me a few minutes every week where I escape and set back as he entertains.

For this, for Phil DeFranco, I am Thankful. You can find him on YouTube or you can start with his blog.

PhillyD.TV


Blogger.com

I love what blogger does and what blogger is all about. Thanks Blogger.

By the way a lot of people do not know this...

Blogger was started by the same guy who started Twitter.com

Start a Blog on Blogspot - Blogger.com


WordPress.com and WordPress.org

I love what Wordpress is all about and what they do for the Internet.

Start a Free Blog on Wordpress.com

Use the Wordpress Blogging Platform on Your Own Site - Wordpress.org

Thanks Wordpress


Ken's Blog

I love Ken Envoy and his life mission. He is a bit crazy. So am I.

You can find Ken's Blog below...

Ken Envoy - Blog - SiteSell


President Obama

I am so thankful and Grateful for President Obama. I believe in President Obama and am thankful that he has come to lead in this country's time of need. I am grateful for what he has done for the American Homeowner.

You can find his blog below...

President Obama's Blog

Thank You Obama


Google - The Best Search Engine in the World

Google, in my opinion, may be the most important company in the world.

If not... they are surely the most convenient.

Search the Internet

Thanks Google


Warren Buffet and Berkshire Hathaway

Warren Buffet is like no other person on Earth. I know of no one quite as selfless as him. He does things the right way, for the right reasons, and shares his wisdom with all who will listen.

Thanks Warren

Berkshire Hathaway


Facebook.com

These guys...

Without Facebook I would not have the sex life that I have today. Like a fountain of potential partners, each new female friend request I receive may very well one day lead to another special night, and another morning of shame. They offer a world and a life time of potential.

Also they have reshaped the site rankings at Alexa.com - With out their contribution to the web all my sites would be at least 200,000 - 400,000 ranks away from where they are today.

Thank You Facebook.com

Facebook.com



Craig's List

What started as a hobby grew into what the Internet is all about. The first true web 2.0 property. Letting humanity be humanity and letting people be people.

Thanks Craig

Craigslist.org




Well that about sums it all up for this thanks giving day appreciation post. I hope you enjoyed it!

If you want more thanks giving day cheer then I suggest checking out another post that I published today. The post includes and features a video...

Charlie Brown's Thanks Giving Special

Hey it's a classic.

That's all I got folks.

Happy Thanks Giving!

- Young Finance Guy

Tuesday, October 26, 2010

Buffet Takes a Big Step in Passing the Tourch - Todd Combs... Who?

Warren Buffet is in my opinion the best investor and most talented business man that was born in the last 100 or so years.

Today as I read the Wall Street Journal I learned that Warren Buffet named Todd Combs as a Successor of Berkshire Hathaway.

Who is Todd Combs


He is a finance guy that runs a hedge fund in Connecticut. This hedge fund by comparative measures is a microscopic 400 million dollar fund. He will now be crossing over into big money, billions and billions.

Well that 400 million dollar responsibility is about to turn into a 100 billion dollar responsibility. Buffet plans on putting him in charge of about 100 billion in assets.

From the best I can tell Buffet is going to take his time with Mr.Combs but a 100 billion is a 100 billion.

congratulations to Todd Combs and may his time with Berkshire Hathaway bee all that Buffet wants it to be.


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