Archive for 'Current Events' Category

Fantasy Tax Choices

By Linda Leitz - Last updated: Thursday, July 14, 2011

Most of these blogs are helpful hints to think through financial issues that impact you.  This one is not that applicable to most readers.  It’s certainly not political, but may give food for thought about the negotiations that go into tax legislation.  As the national debt limit is being debated, there’s governmental discussion over tax […]

To Roth or Not To Roth

By Linda Leitz - Last updated: Sunday, October 31, 2010

Congress lifted the income ceiling in 2010 for conversion of a traditional IRA to a Roth IRA. So lots of people are wondering if a conversion is a good idea.  The answer is – as it so often the case – that it depends. What’s the difference between the two types of IRAs?  Contributions to […]

Revisiting Your Divorce During the Recession

By Linda Leitz - Last updated: Thursday, September 30, 2010

When a divorce is final, the spouses or a third party like a judge or arbiter have made decisions about how assets, debts, and cash flow will be handled.  It’s common to have requirements to sell a home and divide the proceeds, refinance debt to remove one spouse from a loan or credit card, or […]

Truly Resolved

By Linda Leitz - Last updated: Friday, January 1, 2010

I’m not anyone’s idea of an athlete, but I generally manage to stay on a pretty good year round schedule of walking.  During the months when the weather is reasonably pleasant, I walk outside.  During the winter, I spend most of my walking time at a gym the family belongs to.  Right before January 1, […]

Giving Thanks

By Linda Leitz - Last updated: Tuesday, November 24, 2009

During a recession, there may be some who are wondering what they have to give thanks for during this Thanksgiving week.  “Are we grateful for the good already received?  Then we shall avail ourselves of the blessings we have, and thus be fitted to receive more.  Gratitude is much more than a verbal expression of […]

Holiday Spending During a Recession

By Linda Leitz - Last updated: Saturday, November 21, 2009

The holidays are upon us and many people are saying “Bah Humbug!”  There is a way to enjoy the holidays without overspending.  Here are a few tips: -         Plan your shopping.  Don’t go out shopping without a list of what you’re looking for and the price range you have for each purchase.  No impulse purchases! […]

The Right Time Without Timing

By Linda Leitz - Last updated: Monday, September 7, 2009

Many financial planners – including me – will tell you that market timing is not a good idea.  But that doesn’t mean that we should all bury our heads in the sand and ignore opportunities.  It’s a fine line, but there is a difference. One example is the current mortgage rate environment.  Look at whether […]

The Potential of W

By Linda Leitz - Last updated: Friday, June 12, 2009

Don’t worry.  This isn’t a political posting about our former president. Most people expect a recovery from this recession to come in a V shape.  The economy was at a peak, it has fallen into a valley and seems to be heading in a generally upward direction – in other words it looks like the […]

The Solution

By Linda Leitz - Last updated: Sunday, March 8, 2009

It’s abundantly clear that our economy is ailing.  So everyone can sit around and whine about it, criticize the people who are working toward a improving the economy, or be part of the solution.  Which action do you choose?   The media seems to be divided into two camps.  Some journalists are part of the […]

Losing Strategies in the Current Economy – And the Winning Alternatives

By Linda Leitz - Last updated: Tuesday, December 30, 2008

Lock in Losses – If you sell your stock market holdings now, while the market is down, and bury the money in your back yard, you’ve guaranteed that you’ll lose money.  The good ol’ “buy low, sell high” motto still holds.  If you start putting money back in stocks when the market goes up, you’re […]