Author - Sam Fawaz, CPA, CFP®

1
Beware of the Rise of Ransomware
2
Managing and Paying Off Student Loans
3
A College Education Still Pays
4
You Only Brexit Once (YOBO)
5
Work Longer, Live Longer

Beware of the Rise of Ransomware

On March 31, 2016, the U.S. Department of Homeland Security, in collaboration with the Canadian Cyber Incident Response Centre, issued a joint alert on ransomware (1).  Less than one month later, anti-malware maker Enigma Software reported that April 2016 was the “worst month for ransomware on record in the U.S.” (2).  In an effort to increase awareness to this ever-growing cybersecurity threat, I’d like to share the below information with you today:

What is Ransomware?

According to the U.S. Computer Emergency Readiness Team (“US-CERT”), ransomware is a specific type of malicious program (i.e., a virus) where the victim’s computer, network, …

Read More

Managing and Paying Off Student Loans

A couple of weeks ago, I posted an article here entitled “A College Education Still Pays” despite the growing student loan burden. If you already owe money on student loans, this article follows up and suggests ways to manage and pay off your student loans.

Actively managing your debt is an important step, and your student debt may be one of the biggest financial obligations you have. There are many strategies that could help you manage student loans efficiently. Here is a checklist:

  • Choose a federal loan repayment plan that fits your circumstances:
    • The Graduated Repayment Plan starts
Read More

A College Education Still Pays

These days, it’s hard not to hear about the student loan mess and how it’s the next financial crisis that’s currently brewing (some are already calling it a bubble).  Students and parents write stories of how they were lured into borrowing far more money for college than they could ever pay back, even after throwing three or four years worth of salary at it. That is, if they could even find a job after graduation. Despite a student debt level that continues to grow, a college education is still one of the most worthwhile investments a high school graduate can …

Read More

You Only Brexit Once (YOBO)

Not even a month ago, I wrote to you and shared my thoughts on Britain leaving the European Union (EU).  I guess I was wrong.

Thursday’s 52%-48% vote by the British electorate to end its 43-year membership in the European Union seems to have taken just about everybody by surprise, but the aftermath could not have been more predictable.  The uncertainty of how, exactly, Europe and Britain will manage a complex divorce over the coming decade, sent global markets reeling.   London’s blue chip index, the Financial Times Stock Exchange 100, lost 4.4% of its value in one day, while Germany’s …

Read More

Work Longer, Live Longer

There’s finally an answer to an age-old question: How can you live a longer, more satisfying life?

The answer: work past the traditional retirement age of 65.

A new study published in the Journal of Epidemiology & Community Health looked at the risk of dying for different age groups of Americans, and compared it to their retirement age.  The researchers found that the likelihood of dying in any given year was 11% lower among people who delayed retirement for just one single year—from age 65 to age 66.  By age 70, people who continued working experienced a 38% lower risk …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login