Samandigrow: Stock Making Money

If you are already selling on eBay; have you ever thought about selling on Amazon, you get different rates between the two depending on what you’re selling? Read on and I’ll explain the differences between the selling platforms.

If you have ever bought anything on Amazon, you may have seen the item offered by sellers too. There are individuals and businesses selling all kinds of goods on Amazon in the same way.

If you are selling on eBay it may be worth considering if you should also be selling on Amazon. It is safe to say that some items are better listed with eBay however Amazon might be the best choice for a different type of product. But there are many similarities between products selling well on both platforms.

What’s the difference?

The main difference between the sites is that eBay focuses mainly on the auction format whilst the Amazon Associates platform relies on a fixed price arrangement, although eBay also offers buy-it-now as a fixed price listing option.

Undoubtedly if you’re eager to shift something quick then the auction option is the best, although you may be disappointed with the end result if you haven’t set a reserve at the beginning of the sale.

For some businesses, especially those looking for a fixed price sale Amazon may be the preferred way forward especially if they are using this method on all their products. Even thought eBay is typically an auction site they’re moving more towards fixed price listings to compete more with the rise in Amazon’s market share in this area.

What are the Advantages?

There are some differences in the type of shoppers that use Amazon & eBay. eBayers tend to be the bargain hunters who will go to any lengths to find what they’re looking for cheaper, whilst Amazon shoppers tend to be more conventional, albeit looking for good value but at a fixed price. By selling on both sites you can take advantage of larger number of buyers that could potentially view and buy your products, giving you advantage over a number of your competitors and increasing your coverage.

Continued on the next page

Every so often Warren Buffett goes on TV and calls for higher taxes. This from the guy who’s paid, according to Forbes, perhaps less than $10 million in taxes, a tiny percentage of his $50 billion net worth. I say perhaps because, to the best of my knowledge, Buffett has never made his tax returns public.

Buffett is big-business, with his Berkshire Hathaway holding company stock selling (today) at $119,675.00 per share. Berkshire Hathaway has 1 million shares, which means that Buffett heads a company worth more that the gross national product of a few small Latin American countries.

How does Buffett manage to pay so little in taxes? For one, Buffett, who wants everybody to pay for big-spending big government, donates sizable amounts to tax-exempt philanthropies, such as the Gates Foundation. Forbes, again,

He donates appreciated Berkshire Hathaway stock — which costs him pennies on the dollar — to charity, and receives a fat, juicy tax deduction at the appreciated price without having to pay a capital gains tax on the appreciation. (And, note that the money actually sits in his own charitable organization.) He’s saving income taxes with the ordinary deduction so it’s essentially a tax shelter.

He builds up his massive net worth and doesn’t have to sell stock while deferring capital gains. When he does take a capital gain, it’s at a 15% rate, and he lives in a low-tax state.

Buffett has been known to complain that he paid taxes on the lower-rated capital gains rate rather than the higher income-tax rate. Well, play me the world’s smallest violin, Warren.

Mind you, I’m all for capitalism. America is the greatest country in the world because historically it afforded its citizens the ability to legally prosper and live in abundance. What I object to is billionaires who got their own aiming to prevent anyone else from attaining the same, or more, as they.

This latest time around Buffett was on ABC’s This Week, and told Christiane Amanpour that “People at the high end, people like myself, should be paying more taxes”,

bench craft company scam

Wednesday, December 8, 2010

Stock Making Money

No comments:

Post a Comment

Followers

Blog Archive

About Me