Blog Investment & Financial News
It’s Dad Time!
In honor of Father’s Day the team at Leonard Rickey collected wise words of wisdom from our Dads: “The best liked people in a room are the ones who talk about themselves the least.” – Kelli “Stay humble, help others, and always give something back” – Susan “No matter what, tell the truth. It’s much better to face the problem…
Benjamin Rickey obtained the CIMA Designation
Benjamin J. Rickey recently obtained the Certified Investment Management Analyst® certification. Only 2 percent of financial services professionals hold CIMA certification, which is a credential designed specifically for investment advisors and consultants. The CIMA certification identifies individuals who have met extensive experience and ethical requirements and successfully completed advanced investment management consulting coursework provided through…
Don’t Roll Your Tax Refund Forward
Getting a refund this tax year? You might be planning to use this money like a bonus: buying things you need or want or even putting it into an investment account. However, many Americans choose to apply their refund to next year’s taxes. At first glance, it might seem like a sensible idea – prepaying…
Capital Gains – FAQs
What is a capital gain? A capital gain is the profit when you sell a capital asset, such as stocks, bonds, mutual funds or property. The profit is your gain over the original price you paid and you must pay tax on that gain. For example, if a stock is bought at $50 and later…
Year End Tax Planning
With the new year just around the corner, now is a great time to think about end of year tax planning. If any of the following apply to you, it might be a good idea to call and schedule a meeting with your advisor before the end of the year.  Thinking of a Roth Conversion? If you are planning…
4th Quarter 2015 Commentary
Market Summary 2015 was a difficult year for investors as many of the major asset classes finished down or flat for the year. The trends over the last few years continued in the fourth quarter, including U.S. stocks outperforming most other world markets, declining prices from oil and other commodities, a strengthening U.S. dollar and…