What You Need to Know About FAFSA (The Free Application for Federal Student Aid form)

What You Need to Know About FAFSA (The Free Application for Federal Student Aid form)

If you have a college bound high school senior in the house, here are some useful tips you should know about filling out the FAFSA form. The application for the 2019-2020 school year is now available as of October 1st. You can also use this estimating tool to get a sense of options without filling out the complete form.

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Q&A with David Edwards: I recently inherited a portfolio from my father, but I'm inclined to do nothing as dad would have wanted it that way

Q&A with David Edwards: I recently inherited a portfolio from my father, but I'm inclined to do nothing as dad would have wanted it that way

A common emotion among inheritors is reluctance to change the investment strategy of an inherited portfolio.  “If those stocks were good enough for Dad, they’re good enough for me!”  In fact, the moment of inheritance is a perfect moment to start over.

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Q&A with David Edwards: How should I re-balance my asset allocation for retirement?

Q&A with David Edwards: How should I re-balance my asset allocation for retirement?

Question: I am 54-years-old and plan on retiring at the age of 56 from a Federal Government position. I currently have approximately 25% of my total assets in aggressive non-IRA mutual funds. Since I have over half of my total assets in higher risk investments and stocks are at an all-time high currently, should I re-balance my accounts?

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Q&A with David Edwards: Should I sell my stock to pay off my mortgage?

Q&A with David Edwards: Should I sell my stock to pay off my mortgage?

Question: I am less than three years away from retirement and have 80% of my stock portfolio in a particular stock which has grown about 30% in the last two years. My mortgage is at 4.4% and my 401(k) is about 1/3 of my total assets (the other 2/3 being stock). I am single with a salary between $100,000 and $150,000. I was thinking of paying off my mortgage by selling about a quarter of that particular stock which would include the capital gains and fees. Is it wise to sell stock at this time to payoff the mortgage?

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Q&A with David Edwards: Should I Wait Until I am 70 Years Old to Retire?

Q&A with David Edwards: Should I Wait Until I am 70 Years Old to Retire?

Question: I have just heard that people should forget about retiring until they are 70 years old. Does this only apply to a certain target audience? I am thinking about retiring when I am 60 years old (9 years from now). I have about $2,300,000 in investments split equally between a 401(K) and other investments. My wife and I have always lived well under our means.

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Why It's Important To Start Saving For Retirement Early

Why It's Important To Start Saving For Retirement Early

Forget about everything the media is saying about Millennials. The group born between the late 1970s and 1990s is anything but lazy - yes, I am referring to the young people who in many cases are still living at home with mom and dad.

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