October 2nd, 2019 Newsletter

10 Taxable Items That May Surprise You
Taxes are complicated, with nitty-gritty details that hardly anyone is aware of. For instance, did you know the buried treasure you found in Grandpa’s backyard is actually taxable? That’s just the start. Read on to learn about surprising taxable items. Whether they …
Tax Tip: Write Off Losses Caused by Natural Disasters
Whether you retire to the coast or stay put in a city, you could end up in the path of a natural disaster, such as Hurricane Dorian …

An In-Depth Guide To Personal Finance
Seeking advice is an invaluable tool for any person that wants to keep their personal financial plan on the straight and narrow …
Finance Monthly

Save Money on Rental Real Estate
Does HGTV have you ready to jump into owning properties flipping homes, or just wanting to add more real estate to your investment …
Investor Junkie

How to make seniors smarter about financial scams
Are you really sure? Elder financial abuse runs the gamut from stranger danger to scheming family members to unscrupulous financial …

No holiday savings yet? Here’s how to build your funds fast
Timing is everything when it comes to saving for the holidays. The longer you have to build up cash reserves, plan your budget and …
ABC News

Transfer IRA Money to an HSA
Did you know that you can make a one-time, penalty- and tax-free rollover of money from your IRA to a health savings account (HSA)? The …

Financial tips to follow as the calendar turns to fall
Now that autumn has arrived, the clock is ticking louder on certain financial moves you might want to make before the end of 2019. Several …
USA Today

8 Ways To Avoid A Lifetime Of Student Loan Debt
Earlier this month, I wrote about ways to reduce college costs and avoid a lifetime of debt. But what if you’re already in the trenches …

Best Checking Accounts For Small Business
When it comes to banking, small businesses have markedly different needs from individuals. The account itself is critical because …

The Top 5 Cryptocurrencies Everyone Should Know
This currency debuted after bitcoin and was launched in 2011. It is commonly referred to as silver to bitcoin’s gold. It was introduced …
Finance Monthly

“In yet another political scandal, Freddie Mac has confessed to having an affair with Fannie Mae…”
Copyright © Randy Glasbergen
Which one of the following was not invented by Thomas Edison: electric generator, phonograph, electric typewriter, or stock-ticker
See the answer below.
23 Investing Terms You Should Know
When you’re a new investor, learning investing terms and their meanings can seem like a full-time job. Especially because …
Investor Junkie
What Year Was It?

Yosemite National Park Established

What Year

An act of Congress creates Yosemite National Park, home of such natural wonders as Half Dome and the giant sequoia trees.
The day was Oct 1. What year was it?

Quote of the Week
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1.”
Warren Buffett
Trivia Answer
Which one of the following was not invented by Thomas Edison: electric generator, phonograph, electric typewriter, or stock-ticker
Answer: Electric generator (Michael Faraday)
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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