Posts by First Pacific Financial

America’s Divided Recovery

Posted by on Jul 8, 2016 in Financial Focus

America’s Divided Recovery

With a growing chorus of college grads bringing their student loan woes to the forefront of this election cycle, many have questioned the value of a college education. Georgetown University’s Center on Education and the Workforce recently put out a striking report that depicts the growth in the labor market since the Great Recession. Workers with an Associate’s degree or even some college have fared far better in the workforce adding 3.1 million jobs versus those with only a high school diploma who have added a meager 80,000 jobs. Workers with a Bachelor’s Degree or higher? They’ve added 8.4 million jobs.

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Savings for the Grandkids’ College Education

Posted by on Jun 9, 2016 in Financial Focus, Tax Planning

According to U.S News and World Report, in a recent survey, more than 50% of grandparents are saving or plan to start saving for grandchildren’s college expenses. Most of them chose to save into a 529 college savings plan that provides tax deferred growth and tax free withdrawal for education purposes. 529 college savings plans are free from federal income taxes until the money is withdrawn for qualified educational spending.

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Why Oil Prices Fluctuate

Posted by on Jun 9, 2016 in Financial Focus, News

The main reason they fluctuate is supply and demand. But this is not the only reason.

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Protect Thyself from Thyself: Investor Biases

Posted by on Jun 2, 2016 in Financial Focus

Over an investor’s lifetime, there is likely to be many opportunities to fall victim to one or more of the biases Pfau outlines. Even the most successful investors can fall into these behavioral missteps without a trained and experienced advisor watching out for us.

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Tax Savvy Giving

Posted by on Jun 2, 2016 in Estate Planning, Financial Focus, Tax Planning

At First Pacific Financial, we often evaluate these types of strategies for our clients. There can be many factors to consider in your individual situation and these should be carefully understood and evaluated before making this a long term strategy.

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