November 15, 2017 Newsletter

Nov 15, 2017
Tax Q&A: Mortgage Interest Deduction And Other Matters


Here are some questions we’ve received from readers about the House tax plan released Nov. 2. (The answers match the plan as of Nov. 5, and could change as lawmakers debate. Q. Can you clarify proposed changes to the mortgage …
The Wall Street Journal

Why is the Cayman Islands considered a tax haven?
The Cayman Islands is one of the most well-known tax havens in the world. Unlike most countries, the Cayman Islands doesn’t have …

Your Guide To Applying For — And Winning — College Scholarship Money
When you’re applying to colleges, it’s easy to get lost in a sea of numbers — the number of essays you have to write, the test scores …

Boost Your Retirement Income With These 8 Tips
Retirement is when most people are assumed to be living on a “fixed income.” Well, yes, Social Security checks can remain fixed for …
Fox Business

How to Qualify for a Health Savings Account and Trim Your Tax Bill
Health savings accounts provide a triple tax break to consumers. Contribution limits are going up slightly in 2018, but so are deductibles …

When playing it safe with your money can actually be risky
Your urge to play it safe is perfectly understandable. You already know from bitter experience that there are people out there …

Cut your grocery bill — without clipping coupons
When Andrew Daniels shops for food for his family, which includes two young children, he adds as many discounts as he can on top of4 …
USA Today

Why Buying a Timeshare Is a Bad Idea
My wife and I went on vacation to Disney World a couple of years ago. The family had a great time, and I personally was glad to get away …
Investor Junkie

How to Read a Consumer Credit Report
A good credit rating can impact your finances in more ways than one, so it’s vital that you know how to read your consumer credit report  …

Save Money Without Really Trying
Kreisler, a lawyer turned humorist and the Editor-in-Chief of, is co-author with Dan Ariely of Dollars and Sense …

10 Best Financial Benefits for Military Families
Members of the military have a lot of special financial challenges that most people don’t encounter. However, they have access to …

“Who would you rather have on your sales team, Average Joe or someone who can smell money from a mile away?”
Copyright © Randy Glasbergen
There is a $1 bill and a $2 bill. How about a $3 bill?
See the answer below.
8 Mistakes to Avoid During the Holiday Shopping Season
Every year it seems like the holiday shopping season gets a little longer and a little more intense. What once began on the Fridayafter …
Fox Business
What Year Was It?

First Stock Ticker Debuts

First Stock Ticker Debuts

The first stock ticker is unveiled in New York City and ultimately revolutionized the stock market by making up-to-the-minute prices available to investors.
The day was Nov 15. What year was it?

Quote of the Week
“In all realms of life it takes courage to stretch your limits, express your power, and fulfill your potential… it’s no different in the financial realm.”
Suze Orman
Trivia Answer
There is a $1 bill and a $2 bill. How about a $3 bill?
Answer: There actually was a $3 bill in the early 1800s, but only a few were ever printed by banks.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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