In the 1970s, I have a clear memory of my father (a sheet metal worker) coming home from a construction site on a bitter Pittsburgh winter evening. As he came in the back door into the kitchen, his face beet red from windburn, he turned directly to me saying, “Bobby, get good grades and go to college so that you don’t have to freeze your [part of anatomy] off.“
Back then, going to college was easy: you applied to a handful of colleges, including one . . .
I spend most of my time as a Financial Advisor telling my clients not to try to time the market. Study after study shows that no advisor can consistently time the market, as you have to be right not once, but twice. First, you have to guess when the market will begin to tank, sell it all, then know when to jump back in after the market has bottomed out and is ready to take off again. But there is one exception to when I can confidently say that you should and could time the market, and that . . .
Leveraging your divorce to maximize college financial aid for your child
Author: Robert J Falcon, CPA, MBA, CFP® Candidate
Release Date: 4/3/17
There are many complexities associated with sending your child off to college. Perhaps the biggest factor that keeps parents up at night is the cost of college. Unfortunately, at $25,000/yr for in-state public institutions to $50,000/yr at private institutions, a 4-year education can approximate that of a small starter house. Multiply that by 2 or 3 kids, and the cost approximates that of a very nice house. Unfortunately, many students are taking on huge loans without regard to their . . .
Last Fall, I was speaking with a former pharmaceutical colleague of mine (let’s call him Greg), and the topic of Financial Advisors and their services came up. Greg was quick to tell me that he was already working with a “Financial Advisor,” and he mentioned the name of the well-known wire house that his Advisor worked for. Greg had been working with his Advisor for over 10 years, and he noted that the Advisor had won a number of awards from his company. Over a period of . . .