Warren Buffett's Single Most Important Piece Of Advice For Stock Market Investors


Warren Buffett's Single Most Important Piece Of Advice For Stock Market Investors

May 10, 2008

By MoneyBlueBook

Most investors are familiar with superstar investment guru and easy going philanthropist Warren Buffett. How could you not? After all, he's the single richest billionaire in the entire world and one of the most influential value focused investors. While the wealth snapshot order has swapped places a few times, at least on this recent Forbes ranking of the world's richest billionaires, Warren Buffett is seated at the very tip of the money stacked totem pole, surpassing even Microsoft uber-geek and fellow billionaire, Bill Gates. But to label him a mere superstar investor would seem to dilute the sophistication of a man who spent a life devoted to a uniquely patient and value minded, get rich slowly type approach to building long term wealth. Warren Buffet is not your typical get rich quick financial motivator, but one who regularly preaches patience, with a keen eye for the undervalued potential of possible long term investments. The Oracle of Omaha, as Buffett is often fondly referred to today, is also the chairman and CEO of Berkshire Hathaway, the corporate manifestation of his immense and massive self made wealth, despite otherwise living and practicing a life of true humility and frugality.

Despite his tremendous wealth, Warren Buffett is also one of the most generous financial figures in the world in terms of how much he has contributed and donated back to society through charitable causes. A few years ago, he gathered up the bulk of his $40 something billion fortune (at the time), and made the

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Filing An Income Tax Return Extension Will Delay Your Tax Rebate Check

April 10, 2008

By MoneyBlueBook

It's that time of the year again and it's looming large. April 15, tax day - the day we take our hard earned money and pay our annual emperor's tribute to Uncle Sam and the United States government. For most working people, April 15 day is the deadline for filing our tax returns to claim the tax refunds that were withheld by the Internal Revenue Service (IRS) in excess for most of the year. This year is extra special since there's an extra bonus and incentive twist waiting for us. This year we have the 2008 economic stimulus stimulus rebate qualification to contend with.

The IRS has already stated that taxpayers who wish to receive their tax rebate payment in timely accordance with the official tax rebate payment schedule must file by April 15, 2008. Currently, the economic stimulus rebate will be issued according to the last two digits of the primary tax filer's Social Security Number. People who chose to receive their tax refunds via direct deposit will enjoy speedy priority and will be among the first to receive the payments starting May 2 and lasting until May 16. For those of you who chose the slower paper check option, your stimulus payment check won't get to you until the direct deposit crowd have gotten theirs. Paper checks won't be sent out until May 16, and lasting all the way into July 11.

How Do I Request An Extension To File My Federal Income Tax Return?

If for whatever reason you cannot file

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The IRS Economic Stimulus Notice Letter Is A Waste Of Taxpayer Money

March 26, 2008

By MoneyBlueBook

When I went downstairs to the mailboxes to check my mail today, I discovered a letter in my slot with the ominous letters "IRS" and the trademark federal eagle logo stamped on it. My heart immediately skipped a beat. Was I being audited? But then I thought again - that wouldn't make any sense - I hadn't even filed my 2007 federal tax return yet.

I looked at the envelope more closely - the red lettering advertised the contents of the envelope as an important message from the IRS on the economics stimulus act of 2008 and implored me not to throw it away. Looks like I finally received one of those notorious notice letters that the IRS spent $42 million to issue. For $42 million you'd think the federal government would have been able to design a more conspicuously colored envelope rather than sticking with the traditional white junk mail design. If I hadn't examined the lettering closer I may have chucked it into the trash can like I instinctively do with most spammy mail pieces I receive.

If you want to know what the letter said, I've transcribed the entire content message below. It was a typical boiler plate form message. They didn't even bother to address the letter recipient by name. I'm simply referred to using the standard moniker - "Taxpayer".

Why the federal government and the IRS chose to spend so much money to send us this information is beyond me. Is this part of the economic stimulus plan - injecting precious taxpayer money

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The Economic Stimulus Payment Schedule As Announced By The IRS

March 18, 2008

By MoneyBlueBook

After much online speculation and rampant rumors about the economic stimulus payment date, the Internal Revenue Service (IRS) has finally cleared up the confusion and released the official economic stimulus tax rebate payment schedule. You can read the IRS timetable announcement on its website (view IRS news release).

The IRS has announced that it will begin sending more than 130 million economic stimulus tax rebate payments starting May 2, 2008. Those who chose to receive their 2007 tax refund payments via direct deposit will get priority in receiving their stimulus tax rebates. Those who chose to receive their tax refund payments via regular postal service will receive their tax rebate checks in mid May, after the initial wave of tax rebate payments have been sent to those who chose the quicker direct deposit option.

Tax Rebate Receiving Order Will be Based On Social Security Number

The order that the tax rebate checks will be sent out will be according to thelast 2 digits of the Social Security Number (SSN) used when you filed your federal tax return. Please examine the stimulus payment chart below to determine when you will be receiving your tax rebate. As the IRS noted on its announcement, because the order will be based on the numerical order of Social Security Numbers rather than by name or household, there is a high possibility that neighbors, family members, and friends may not receive their tax rebate checks at the same time.

The Official Economic Stimulus Tax Rebate Payment Schedule -(for Federal

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Searching For Answers To Frequently Asked Questions About Your Tax Rebate Check

March 6, 2008

By MoneyBlueBook

Updated - The IRS has released the official 2008 Economic Stimulus Payment Schedule.

Also, read about the prospects and chances of an Obama stimulus check for 2009.

Based on the substantial traffic and comments I've been receiving for the article I wrote explaining and breaking down the details of the 2008 Stimulus Rebate Package, it's clear that everyone in the United States is concerned about their rebate checks. Everybody wants to know how large their own tax rebate check will be and when they can expect to receive it.

There are many questions to be answered and I've been trying my best to respond to them all. While most questions have been straightforward, others have been slightly more complicated with issues relating to Chapter 7 and 13 bankruptcy filings, or issues relating to wage garnishment and student loan liens. But I will continue to do my best to answer your flurry of tax rebate comments and e-mails.

Visit The IRS Website For The Official Source Of Tax Rebate News and Updates

While I can't necessarily state that all answers that I provide are definitive, I do try my best to answer accurately based on research and reasonable information. One thing I have noticed is the vast amount of misinformation and speculation that is available on the internet. There seems to be much conjecture and rumors surrounding the tax rebate, particularly as it relates to timetable and the order that the checks will be sent out. I wish to remind readers that the only definitive source

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Positive Comments About Living In A Litigious American Society Obsessed With Filing Lawsuits

March 5, 2008

By MoneyBlueBook

As one who used to practice law as an attorney, I've only had a smattering of exposure to ambulance chasing - the layman's term for legal work that embodies mostly straight forward and very lucrative personal injury type cases. However based on the exposure I've had, I still retain some pretty strong opinions in counter response to persistent public calls for handicapping the wheels of litigation and placing caps on large damage awards.

Much of this anti-lawyer sentiment is based on mainstream public mistrust of trial attorneys and the work that they do. While I agree that our population has evolved into a society a bit too obsessed and even paranoid about lawyers and lawsuits, I think the passionate furor and lemming-like disdain of litigation beguiles its importance as one of the key cornerstones of what makes our country so democratic and free. Lest we forget, it is because of our pro-litigation society that our businesses and services have been able to consistently deliver such quality and corruption free excellence. Not all of society and the business world will forever remain pure and blameless, but should their actions harm or damage any person or entity, we as Americans can always rest assured that the offending parties will be held accountable. No where else in the world is there such a reliable guarantee in place.

A Pro Litigation Society Protects Quality and Advances Our Individual Rights and Freedoms

I frequently hear and read about writers and individuals who like to complain about lawsuits and denounce those who file claims

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