Financially Free

January 11, 2018 | Alvin Carlos, CFA, CFP®

Three Questions That Will Change Your Life

George Kinder – a Harvard-trained financial planner and a renowned Buddhist teacher – developed these three famous questions to truly understand a person’s life goals and values. Because this is what financial planning is all about: using money as a tool to live a meaningful life. I invite you to ponder on these questions. To […]

Read more

January 2, 2018 | Alvin Carlos, CFA, CFP®

Will Stocks Trend Higher in 2018?

One of the most challenging part of my job as a financial planner is calming clients down during periods of stock market decline. Thankfully, I didn’t have to experience that in 2017. The U.S. stock market clocked a return of more than 21%. International stocks performed even better, rising by more than 27%. Everyone I interacted […]

Read more

December 13, 2017 | Alvin Carlos, CFA, CFP®

Should you buy Bitcoin?

“Technology has advanced greatly, but human psychology is still the same.” I’m an aggressive investor. When stocks were tumbling during the Great Recession and everyone was running for the exit, I was buying stocks left and right. I even deployed most of my emergency funds. Those kinds of deep bargain opportunities only happen a few […]

Read more

December 12, 2017 | Alvin Carlos, CFA, CFP®

God vs. Your Financial Planner

I’d like to share my blog post (below) that was recently published at the Millennial, an online journal that provides Catholic opinion on the most pressing issues of our times in politics, religion, and culture.    ________________ As a financial planner, I encourage people to take control of their finances and plan for their future. I often […]

Read more

November 24, 2017 | Alvin Carlos, CFA, CFP®

5 Tips to Prepare for GOP Tax Bill

Significant tax changes are being discussed in Congress. If approved, these will take effect in 2018. Many deductions may be eliminated. While the proposed legislation is not yet a done deal, consider the following tax planning opportunities by end of 2017: If you pay estimated taxes, make your final state tax payment in December, instead […]

Read more

November 7, 2017 | Alvin Carlos, CFA, CFP®

How GOP Tax Plan May Affect You

2017 Taxable Income How You May Feel Reason         Single   $0 to $9,235     Why me?   Small tax hike (up to $190) $9,326 to $37,950   TY Small tax cut (~$280 to $1,100/yr) $37,951 to $45,000   Yay! Decent tax cut ($4,900 to $5,800/yr) $45,001 to $91,900   Meh […]

Read more

October 25, 2017 | Alvin Carlos, CFA, CFP®

How to Choose Your Health Care Plan for 2018

It is open enrollment next week, and we must evaluate and choose the best health care plan for our household for the coming year. If you get health insurance through an exchange, open enrollment for 2018 runs from November 1 to December 15 (instead of January 31). Shopping is fun, but it doesn’t apply for […]

Read more

October 12, 2017 | Alvin Carlos, CFA, CFP®

What You Need When You Can’t Follow Your Budget

Today, I would like to share this blog post by Rachel Schmidt, who’s a Spiritual Coach. She shares how we can deal with overspending by working through the mental blocks and emotions that keep us believing we need to spend to feel good. Here’s the link to the original blog post.   You’ve gone to your […]

Read more

September 28, 2017 | Alvin Carlos, CFA, CFP®

Should You Follow These Four Money Rules of Thumb?

Rules of thumb help us make quick decisions without having to consult an expert. But as the definition suggests, it is not reliable for every situation. Below are four financial rules of thumb and when you may or may not want to follow it. 1)  Homeownership Rule: Pay at least 20% for down payment. Ideally, […]

Read more

September 9, 2017 | Alvin Carlos, CFA, CFP®

Protect Yourself from Latest Equifax Breach

Yesterday, Equifax revealed that sensitive information such as Social Security numbers of 143 million customers were stolen through a cyberattack. That’s close to half the U.S. population. Equifax is one of the three major credit reporting agencies. Here are four things we can do to mitigate potential damage to our credit: 1) Enroll in Equifax’s free credit […]

Read more

Engage us on Facebook

Follow us on Twitter