News | C&A Financial Group

THE PROBLEM WITH STUDENT LOAN DEBT

Fri, 04 May 2012 12:06:49 -0400

THE PROBLEM WITH STUDENT LOAN DEBT

For at least the last half-century, borrowing to obtain a higher education has been seen as good borrowing, because of the assumption (strongly supported by statistical evidence) that a degree will lead to higher income and greater financial opportunity. But too much debt or not enough earnings can undo the good idea of borrowing for a college education. And today, the numbers and anecdotal evidence strongly suggest that the fundamentals of educational borrowing are trending toward trouble.

For more please read our May 2012 Newsletter!

Jersey Shore Relay

Mon, 23 Apr 2012 08:54:50 -0400

This past weekend the C&A Financial Group running team consisting of Brian Marsh, Kate Sands, Frank Congilose, Robert Pendergist, and Frank Congilose II ran in the Jersey Shore Relay which is an annual fundraiser for the Special Olympics.

The race started in Seaside Heights and ended in Asbury Park, NJ the team's overall time was 3:38:40.4. It was a beautiful day to run and we were happy to support such a great cause.

TAX DEFERRAL and the SWORD of DAMOCLES

Mon, 09 Apr 2012 11:10:17 -0400

Over the years, the phrase “the Sword of Damocles” has come to be used to indicate any situation where there is a sense of foreboding because of a potential tragedy hanging over one’s head. Almost four decades after being established in the tax code, a variety of circumstances have come together to make the taxes American retirement account owners must pay when they begin distributions a financial Sword of Damocles.
As a financial strategy, the value of tax-deferral has always been dependent on whether the tax break received on the deposits will exceed the tax cost to be paid in the future. Several factors – historic, economic, demographic and political – may prove these assumptions in error.

For more please read our April 2012 Newsletter.

Anticipating Abundance In A Changing World

Fri, 16 Mar 2012 12:15:52 -0400

If you pay attention to the headlines, you can't help but think the general trend is downward, and that the economic and social prospects of the future are decidedly bleak. In the context, the discussion isn't if the glass is half-full or half-empty; it's whether there's even a glass.

But all this pessimism may be obscuring a greater reality: Especially in the past 50 years things have been getting better - for everyone - at a rapidly increasing pace. Furthermore, considering the trajectory of past progress, as well as certain factors already in place, it is very likely that the next 10-20 years will be even better. Are you prepared for unprecedented abundance?

For more please read our March 2012 Newsletter