Dear Liz: A few months ago, I purchased a large television from a nearby store. I was offered no interest for 12 months using the store’s credit card. The TV was stolen from the back of my pickup truck before I was able to bring it into my apartment. I called the police and filed […]
Recent Blog Posts
Q&A: Capital gains tax on mutual funds
Dear Liz: My mother, who is approaching 100 and in good health, has a significant mutual fund holding. It is mostly made up of capital gains. She does not need this fund for her daily living expenses. The question she has: Are the taxes on disposition the same before or after she dies? I am […]
Q&A: Fee-only financial planners
Dear Liz: When you recommend a “fee-only adviser,” do you mean an adviser that charges customers by the hour for advice or one that charges a percentage of the customer’s portfolio that the adviser manages? Answer: Fee-only planners charge their clients in a number of different ways. What distinguishes them is the fact that they […]
Friday’s need-to-know money news
Today’s top story: The best places to find a small-dollar loan. Also in the news: What is considered a bad credit score, things you don’t have to pay taxes on, and how not to lose money on your house by following the five year rule. Where to Find a Small-Dollar Loan Without paying astronomical interest. […]
Thursday’s need-to-know money news
Today’s top story: How your taxes have changed if you’re recently divorced. Also in the news: What every LGBT taxpayer needs to know, financial goals every GenXer should have, and five tools to get your budget in order. Here’s How Your Taxes Changed If You Just Got Divorced It’s a different tax world. Every LGBT […]
5 Reasons Your Money Is Safer Today Than 10 Years Ago
Your paycheck doesn’t stretch far enough, and the stock market routinely clobbers your retirement account. You may not feel financially secure, but in many ways your money is a lot safer than it was a decade ago. The financial crisis of 2008 and the subsequent recession prompted a bunch of reforms that are helping you […]