Internet Sales Tax

retouch ladyAccording to ” The Senate voted 69 to 27 to approve the bill, which enjoyed bipartisan support. But before it can become law, it must be approved by the House, where Republicans are split on the issue. Some House Republicans have already expressed support for the bill, arguing that it would level the playing field for small brick-and-mortar retailers. They say it would not create a new tax, but rather enforce the collection of taxes already charged at traditional retailers. But other House Republicans still view that as a tax increase on consumers or say it would overburden Internet businesses in their states.The Obama administration has endorsed the bill, so if it can gain approval in the House, it is likely to become law.”

Do I want to pay more ? no but I believe that its good for leveling the playing field between internet companies and brick & Morter businesses. Online stores have infinite advantages over brick and mortar stores. According to the same report, if the bill is enacted, academic studies estimate more than $12 billion in additional sales taxes will be collected from online purchases each year  Sometimes its good to do things for the greater good of the society you live in.  What do you think?

Money and Happiness

skylineI came across an online article which was about making money and happiness. The article explained  a new study shows that more money does indeed buys happiness, “In fact, the more money you have, the happier you are.That might sound obvious to some people, but studies have historically shown there’s more to happiness than money. In the 1970s, economist Richard Easterlin argued that increasing average income did not raise average well-being, a claim that became known as the Easterlin Paradox. Over the years, the paradox evolved into the notion that money does indeed buy happiness, but that effect fizzles once the income you earn is able to buy your basic needs — food, shelter and the like.”

Money is obviously a factor in living a comfortable life. Its money that helps you buy your house, car, clothe, food and pays for education. But there is a danger in making getting as much money as possible your sole drive in life. The biggest reward comes from doing things that make you happy inside rather than competing against your neighbor for the latest fashion or gadgets.Happiness is all relative but I am certain that it starts by looking within. 

The OECD which measures the happiness of countries based on, among other things, access to education and healthcare stated the following about the United States n general; “Americans are more satisfied with their lives than the OECD average, with 83% of people saying they have more positive experiences in an average day (feelings of rest, pride in accomplishment, enjoyment, etc) than negative ones (pain, worry, sadness, boredom, etc). This figure is higher than the OECD average of 80%. ” Click on the picture to read the full OECD report.


The iUniverse

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me bagWas looking at todays financial news and came across a story written on The article was about how Apple is partnering with Volkswagen to create the iBettle; that's right a car centered around your iphone. For the Apple fanatics iBettle is great as it becomes just one more thing to extend your interaction with your iphone. This is also good news for investors as I am sure it will increase the value of Apple. An increase in the value of the company could mean increase dividend. The story of Apple is just starting and if you havent invested in the company than maybe now is the time to do some research to see if it fits into your long-term investment goals.

The article goes on to say that "How is this different from pervious iPhone-auto integrations? Volkswagen is releasing an app that supercharges what the iPhone can do inside the vehicle. One part of the program displays vehicle information, such as coolant temperatures and oil levels. Another can compare driving times and distances. It also pipes in tunes from Spotify or iTunes and, natch, makes calls that can be run through the car's stereo too."

Other product that people have been talking bout Apple creating are television and watch. I wouldn't be surprised if somehow Apple gets into integrating the use of its products on shoes, glasses or piece of clothing. The future seems limitless for Apple.

Prom Planning

I found this app in the Apple store and found it interesting. The app is called Plann’It Prom and was created by VISA Inc. According to the description “Plan’it Prom is the definitive prom planning and budgeting app for students and parents, incorporating a prom count down, timeline, budget calculator and budget health meter into a layout that is fun and easy to use.With Plan’it Prom, you can cut costs and stick to your planned budget while maintaining a fantastic prom experience. Looking great and feeling great does not have to hurt your bank account.Simply enter your prom date and budget to gain quick access to cost cutting tips, social sharing options, photo gallery and a customizable user experience that will help you cut costs for a night you’ll never forget ” My prom wasnt too expensive but would have used it if I had something similar to this on my phone.  For those newbies going to the prom this app is definitely a gift. Please click on the picture and go directly into the apps webpage.

Apple and My App


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Downloading the app you will get a lot more than my posts. It will also make it easier for you to navigate information I provide. Another way to get the app is to simply snap a picture of the QR code provided at the bottom right of this post.This morning I got some really good tips about building wealth which I follow religiously. The first is to get a Roth 401(k) and second do not cash out once you have funds in it.

The app for Dough

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Please download the app at and look for BloggApp; the picture for the app is a green apple. Using the app you will be able to locate credit unions, seek and find financial coaches, shop for mortgages and compare savings. Its free !! so what can you lose.

Jobs Jobs Jobs Rate

Woke up this morning to hear some good news. According to reliable resources the U.S jobless rate has fallen below eight percent; The rate has fallen because of a combination of job creation and people simply giving up in finding jobs. Within the group of those that have given up there a few who decided to create their own wealth. This truth brings me to an article I saw on called “Investing in startups: More fun than profit “. A great point made by the article is that investing in a startup will not always provide a big return of the initial investment; in their own words the author of the article wrote the following;

The risk: The majority of startups don’t make it in the long run. “I get calls where someone may have inherited $50,000,” says Jeffrey Sohl, director of the Center for Venture Research at the University of New Hampshire. “I tell them, ‘You’re not going to find the next Google. Put it in a bank so you don’t lose it all.’ “Risk aside, retail investors have limited options to get in early.Venture capital funds invest in young companies that typically have a track record, but you need a net worth of at least a million dollars and must be able to put up $250,000. And while anyone can back an entrepreneur with a dream, “angel” funds, which diversify their holdings among startups, also restrict themselves to high-net-worthers.

If you aren’t a high net worth individual but would like to get in on funding startups the article suggests looking at something called Business Development Companies (BDCs). The way BDC’s work is by buying equity or convertible debt in startups. The investor may receive interest payments or dividends, or get a future payoff via an initial public stock offering.

Creating your own fortune requires initial investment which highlights the importance of saving for a raining day. I like to think starting a business as social activism because you are contributing to society. Considering the dismal economy I think that now is the perfect time to create your own fortunes; specially for those new college graduates. Please click on the picture to read the full article.

Clothing from a fish

I came across a story on BBC titled “Hagfish slime: The clothing of the future?” I know it doesn’t sound good but wearing cloth from hagfish slime is environmentally friendly. I would absolutely wear clothe made from Hagfish slime; specially if it’s at a good price. The article goes on to say that

“Scientists believe hagfish slime or similar proteins could be turned into tights or breathable athletic wear, or even bullet-proof vests.For years, scientists have been looking for alternatives to synthetic fibres like nylon and lycra, or spandex, which are made from oil . “

According to BBC what we know about hagfish is that

  • There are more than 80 species of hagfish – but despite the name, they’re not really fish
  • They are considered craniates, and have a hard structure that surrounds the brain
  • Hagfish have rudimentary eyes – some can sense light, but nothing more
  • They are scaleless, which gives their skin a smooth, leathery quality – hagfish skins are sometimes sold as “eel-skin leather”
  • They tie themselves in knots to clean off slime, and as a way of leveraging food off carcasses
  • Hagfish share a common ancestor with all the vertebrate lineage, including humans

The article showed the constructive side of science. Now, there are some things we don’t know about the hagfish and scientist still have to work on figuring out how to mass produce the slime since we can’t farm the hagfish but it could soon become a reality.  As human population increase we will be forced to find better ways of using resources. Would you wear cloth made from hagfish slime?

Direct Link to the App of Dough


IMG_1062In my excitement of finally publishing my app through the Droid Market I forgot to let you all know how to find the app. In order to read more about the app and install it, please click  the picture in this post. The picture is that of Nicholle La Vann, a wonderful friend who is a film maker and activist. Her website is check it out.