Blog Investment & Financial News
Trusted Contact Request Coming Soon
Leonard Rickey Investment Advisors will soon be asking for trusted contact information. Providing contact information is optional, but we suggest you consider adding 1-2 people to your accounts. We will send the request to you via email. Please contact us if you have any questions. What is a “Trusted Contact” A trusted contact is a person that…
GameStop Perspective
Recently, we saw a significant increase in volatility. A few individual stocks had great fluctuations, due in part to a new wave of investors. These young traders are opening stock accounts in record numbers and organizing trading campaigns through on-line messaging boards. We wanted to get the perspective of a young 20-year-old to look at…
Reminders as you Prepare your 2020 Taxes
As you or your tax preparer start to work on your 2020 taxes, there are a few things we wanted to remind you. 1099s – TD Ameritrade is releasing 1099s in waves. The first wave of 1099s was released on January 14th. The second wave of 1099s released on February 5th, and the third wave…
Shopping for a Condo? Consider These Factors.
A condo has a home owners association (HOA) with Covenants, Conditions and Restrictions (CC&R’s) and bylaws in which the owners of a condo will need to follow. Summary: Review your Covenants, Conditions and Restrictions. Review the last 12 months meeting minutes of the HOA. Get the number of Primary Residence & 2nd home owners vs. rental…
2021 Key Financial Data
The new year is here and so is 2021 Key Financial Data! Click here: Key Financial Data 2021 to download a summary of the updated limits and rules for the new tax year. Feel free to give us a call with any questions.
Consolidated Appropriations Act Provides Relief to Individuals and Businesses
On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here, as well…
2020 Year-End Tax Planning
The window for many tax-saving opportunities closes on December 31. It’s important to evaluate your tax situation, while there’s still time to affect your bottom line for the 2020 tax year. Your specific circumstances should be considered, so please reach out if you have any questions. Timing is Everything Consider any opportunities you have to…
2020 4th Quarter Commentary
Market Summary A strong fourth quarter capped a wild and turbulent year. 2020 marked the largest reversal in the S&P 500’s history, rebounding over 70% from the March lows and finishing the year up over 18%. During the fourth quarter, the major indexes reached all-time highs as investors welcomed greater political clarity and positive news…