Apr 182012
 

Warren Buffett is a market mover. The stock exchange moves when Buffett speaks and investors too. This news were drop by almost 1% Berkshire shares. Until Warren Buffett will decide about the next Berkshire’s CEO  the market will be so sensitive.
What am I speaking about. Is a disease with 95% surviving hope. This news about prostate cancer of Warren Buffett are moving the share quotes without a good reason. Even if would be a disease with 5% of hope what is changing in the companies where Berkshire Hathaway Inc. (BRK/A) has interests.

I have this empty feeling about stock exchanges which are driven by speculators and news without important relevance.

Jan 302012
 

I want to donate a Used Ford Explorer 4×4 for charity. The car details are below:Ford Explorer Donation

Mileage 197,000
Body Style Sport Utility
Exterior Color Blue
Interior Color Gray
Engine 6 Cylinder
Transmission Automatic
Drive Type 4 wheel drive
Fuel Type Gasoline
Doors Five Door

I didn’t understand very well if the donation helps for tax returns so any help will be very appreciated.
If you are interested in receiving this donation please leave a comment. The car is located in Bay Area of San Francisco. I will try to understand if the donation of this car will really help you so tell me in few words why I should donate it to you 🙂

Only on answers i found some details abut donating a car. If you want to donate a car too, you can only deduct a charitable contribution if you itemize, so if you don’t itemize, there’s no tax benefit to you from the donation.

Charities usually sell donated cars at auction, and they’ll give you a receipt for the car showing how much it sold for – that’s the amount you can deduct. Be aware that cars being auctioned usually sell below what would be fair market value.

The tax benefit from the deduction is at most the amount of the deduction times your tax bracket. So if they sold the car for $3000, and your tax bracket is 15%, your tax savings would at most be $450.

This is for federal taxes, so the rules are the same in every state of the US.

If you do not check a company before entering into a transaction, you could lose your money, time and credibility. Some widely used resources are the Better Business Bureau (www.bbb.org) and the national fraud center (www.fraud.org) these days, you can easily find out more about a company using the internet in a few minutes. From a company’s website, you can details about its ownership, how old the company really is and feedback from the company’s customers.

May 022011
 

Osama bin Laden’s death was announced by Barack Obama. Without other details we know that “his death was the result of a U.S. operation in Abbottabad, Pakistan, against a place where bin Laden was believed to be hiding”. It was presented reserved and sober, without making it look like a victory. President Barack Obama still wanted to take advantage and gain a little image capital in this news. Osama bin Laden was considered public enemy number one by USA and their allies. This is the headline for TV news and websites from all over the world. Osama bin Laden could have done much better given the authority they enjoy. Instead, he made ​​many people die, the worst is that some of them weren’t considered themselves martyrs when they died. Osama bin Laden could choose the path of dialogue as his family does. Many things have changed after his actions caused. Perhaps his death will intervene on forex, causing an increase in the dollar against other currencies. Lately, the forex market has become accustomed to our strange reactions to some events, apparently unrelated currencies or stock markets.