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Month: January 2010

2010 Homebuyer Tax Credits

2010 Homebuyer Tax Credits

This is a Sponsored Post written by me on behalf of Coldwell Banker. All opinions are 100% mine.

I’ve just been reading about the 2010 Homebuyer Tax Credits system in the US, which is very different from what I’m used to this side of the pond. It’s quite interesting to see how different taxation systems work and how different incentives are designed by the powers that be. Here’s a video what can help explain what the Tax Credit is all about:

So, here are some highlights of the Tax Credit system:

  • If you’re buying your first house, or haven’t owned one in the last three years, you can receive up to an $8,000 tax credit.
  • If you have lived in the same home for 5 of the past 8 years can receive up to a $6,500 tax credit if you decide to buy a new house.
  • For this extension, income limits are now $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both.

It’s interesting to see how the incentive is designed, the main reason being to stimulate the housing market and try and recovered from the current downturn. The thing about downturn is that it’s very much based on people’s perception, so something like this can have a positive effect by making the market start to regenerate. It’s all cyclical and one the ball gets rolling, things will start improving.

Visit my sponsor: 2010 Homebuyer Tax Credits

Ideas worth spreading

Ideas worth spreading

Seth Godin
Image via Wikipedia

A great post on Seth Godin’s blog lists a number of random ideas worth reading. Here are my top 5:

  • Waiting for inspiration is another way of saying that you’re stalling. You don’t wait for inspiration, you command it to appear.
  • The hard part is finishing, so enjoy the starting part.
  • Powerful organizations adore the status quo, so expect no help from them if your idea challenges the very thing they adore.
  • Seek out apostles, not partners. People who benefit from spreading your idea, not people who need to own it.
  • Are you a serial idea-starting person? If so, what can you change to end that cycle? The goal is to be an idea-shipping person.

I have a couple of books he published and I like how they inspire great ideas, which are really simple and intuitive. Recommended reading for anyone interested in making their ideas work for them.

Read more on Seth’s blog

FlyBe complaint resolved

FlyBe complaint resolved

BAC (ROMBAC) 1-11 Series 561 of Ryanair at Man...
Image via Wikipedia

It’s been just under three weeks since we wrote to both RyanAir and FlyBe about our cancelled flights and subsequent reimbursement and I’m delighted to say that today we received a letter from FlyBe who have reimbursed us for our alternative travel arrangements. I must say I’m really happy with the way they have responded to us and I will be telling all my friends of their great customer ethic.

When I buy something, I’m not one to go for an extended service plan, but if I have a problem I will write to the company in question to see if they will remediate the problem. In this case, it was a service that we had bought, but it was no different; I did write to both companies we had issues with, and it’s great to get a positive response, at least from one of them.

I’ll keep you posted on what happens on the RyanAir front …

Product Announcements and Stock Price

Product Announcements and Stock Price

Updated photo of new signage at 1 Infinite Loo...
Image via Wikipedia

It’s been interesting to watch Apple’s stock price over the last few days and over the last few hours since the iPad has been announced. Yesterday was characteristed by a steady increase in price, probably as the market started to feel the anticipation around the product launch. As the product was being announced the market dipped as it didn’t seem as exciting as everyone thought. However, when the price point was announces; a price point that would certainly make the product was very attractive to consumers; the price rose once again.

Product announcements can make or break a company. You can imagine what would happen if a company announced it had a cure for Mesothelioma cancer, only to be exposed as a fraud a few days after. It would probably be quite hard to recover from something like that. In the meantime, we’ll keep an eye on Apple and see what happens to their stock over the next few days, as the industry starts to get their hands on the initial devices.

Nothing from RyanAir or FlyBe

Nothing from RyanAir or FlyBe

Manu Script
Creative Commons License photo credit: kevinzim

Well, it’s been 2 weeks since I sent my complaint to the airlines, one to RyanAir and one to FlyBe; and I still haven’t had a reply or even an acknowledgement for my letter. So tomorrow I’ll be posting another copy of the letters to see if I can get the ball rolling. I don’t know if I’ll be getting a positive response, I was expecting some sort of acknowledgement. It’s not like I’m sending spam about the best acne remedy around; I probably wouldn’t expect a response from that.

As a customer, it’s quite annoying to be ignored by a company I have given my money to. I’m quite keen to try and get to the bottom of this.

The business view on the threat level

The business view on the threat level

Fauna of Great Britain
Image via Wikipedia

Well, it’s only been a few hours since Britain has raised the threat level to “Severe”. But what does this mean to the business world. Well, the biggest issue is that people tend to be a bit more conservative when they perceive risk. This could have a negative effect on the market, which can have knock-on effects to the whole economy.

I tend to believe though that these things are more pronounced when they are announced. People adapt to new situations quite easily and it’s only a matter of time before things adjust themselves. Things just keep going, mush like a run of the mill nordic track treadmill. Still, it would be better if the threat level comes down, don’t you think?