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Have a student in college?? Don’t forget to complete the FAFSA each year. The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile (short for “College Scholarship Service…

Thanksgiving is one of the best times of the year, not because of the turkey and pumpkin pie, but because it gives us a chance to reflect on what we are thankful for. Here at Pacific Coast Financial Services, we feel truly fortunate to be able to be a part of our clients’ financial journeys.…

As I have written in my last two blogs, interest rates have been historically low since the Great Recession of 2007-2008. And although they have moved within a range during that time, the range has been low and it has been a long time since bond coupon rates have been attractive. But as the Federal…

Since the great recession of 2007-2008 interest rates have been historically low, and then during the Covid-19 outbreak they were dropped to zero, so it has been easy to ignore the debt side of your balance sheet. But with Fed raising rates again yesterday the trend of higher rates continues. Paying attention to what you owe and…

CDs, or Certificates of Deposit, are investments made through banks. They can be short term, like 3 months or long term, up to 10 years. In most cases they are FDIC insured; and usually the rates and maturity dates are set when you buy them. Sounds pretty attractive next to the volatility of the stock…

One silver lining of the high inflation we are all facing is a substantial COLA increase for all social security recipients.  2023 SOCIAL SECURITY CHANGES Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2021 through the third quarter of 2022, Social Security and Supplemental Security…