John Ponto |
Critics of whole life insurance point to the higher premiums these plans require and the inflexibility of the payment schedule; however, when the structure and features of whole life insurance are fully understood, a fair-minded person would see that it offers affordability and flexibility along with unmatched long-term security. When whole life premiums are clearly explained, it becomes
When you have excess cash flow and assets to invest, you can choose from a vast number of different types of investments, which can be a daunting task due to the number of options and, in many cases, their complexity. In addition to understanding how different investments work, it is essential for investors to know if they are suitable for their particular needs and risk tolerance.
If given the choice, most people would choose financial freedom over financial servitude. Who doesn’t want to be financially independent, having your money work for you, as opposed to you working for your money?
Many people dream of the day they can leave work behind and start pursuing their lifelong dreams. But for most people, you’ll need to achieve financial stability and independence before you can leave behind your day-to-day job in exchange for a more fulfilling path. This is where the increasingly-popular financial independence, retire early (FIRE) movement comes in. The basis of the FIRE movement is quite simple: Save and aggressively invest a large percentage of your...
John Ponto |
As investment options continue to expand and competition for investment dollars increase, the mutual fund industry is coming under increasing scrutiny for the expenses charged in many mutual funds.
Many investors, especially those still reeling from the 2008 – 2011 stock market roller coaster ride, have developed a low tolerance for volatility. As a result they have moved a significant portion of their investments into bonds or other fixed yield vehicles.
The Coronavirus pandemic has impacted us more than we could ever have imagined in the beginning of 2020. Students and teachers had to quickly transition to online learning. Many people were laid off and furloughed with no financial backup plan. And now we’re facing the tough decision of whether to send our kids back to school in the fall. If you have a child starting or going back to college, there are so many factors...
Until recently, many retirees have been able to rely upon the three-legged stool of retirement income sources: a defined benefit pension plan that guarantees a lifetime income, their own savings, and the Canada Pension Plan.
Watching the roller coaster ride of the stock market can make many investors queasy. Even though the stock market has, historically, always trended up, investors can’t help but feel uneasy as they watch the values of their portfolios rise and fall with the market.
When it comes to investing, people can be their own worst enemy. Nearly all of the mistakes made by investors can be attributed to their behaviour, which is typically dictated by their emotions. Fear and greed have ways of influencing the investing decisions of even the most rational people; which is why most investors typically underperform the markets.
It’s a presidential election year in the United States, and with that comes the invariable stock market correlations seeking to predict election results or forecast the market’s direction. The performance of the stock market during the two months leading up to the election has historically been somewhat of a predictor of who will win the race in the US; moreover, we can also t
With rates as low and competitive as they have ever been, it’s as close to a “buyers” market in life insurance as you’ll probably ever see. Still, in these cash-strapped times, curbing all costs and expenses is a priority for most people, and buying life insurance is no different.