How to go about securing the best policy for your insurance in Canada.
Latest News
Hurricane Scalise Jul 22nd
A GOP leader wants to scuttle even minor flood insurance reform..... More »
Canada’s new housing risk: uninsured mortgages Jun 12th
Many Canadians are now bypassing mortgage insurance altogether, creating new risks for borrowers and lenders
.... More »
Canada’s Best Travel Credit Cards 2019 + MORE Mar 4th
With a good travel credit card, travel suddenly becomes affordable. And it helps if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks like companion flights, amazing insurance coverage and flexibility with transferring points between cards.
Th.... More »
Rising rates are good news for near-retirees seeking longevity insurance + MORE Jun 29th
For years, low interest rates have been a boon to borrowers but a curse to older investors wanting low-risk interest income options. Now, after a decade of minuscule rates, interest rates are starting to inch back up again: another 0.5% as of June 1st. That’s good for GIC investors (guaranteed inv.... More »
Attention, ESG investors: Canada’s biggest carbon-emitting public companies Jan 24th
The effects of climate change are a risk to Canadians and the Canadian economy in more ways than one. There are the direct issues, like fires, floods and storms, increasing in both frequency and intensity (plus threatening lives and homes, and raising home insurance premiums, too). There are financi.... More »
The value of independent financial advice
– moneysense.ca
Certified financial planner and president of De Thomas Wealth Management Tony DeThomasis explains the difference between a financial planner and a money manager—and why understanding the difference is key to financial health.
Early in April, MoneySense did a Q&A with Tony DeThomasis, president of De Thomas Wealth Management. De Thomasis, the author of Finding a financial advisor that’s right for you believes it’s important for Canadians to have a holistic approach to their finances. Sure, investment returns are important but so are other concerns like estate planning, insurance reviews and understanding your personal tax situation. MoneySense writer Julie Cazzin asked De Thomasis several questions and here’s what he had to say:
MoneySense: What has changed since your start in the financial planning industry 40 years ago?
Right now, being a money manager is very, very competitive. That wasn’t the case 40 years ago. In the 1970s if you wanted to have your money managed you had just two options: hiring a stockbroker, or investing on your own in a handful of mutual funds…
Chris Christie's Insurance Heist
– online.wsj.com
The Governor wants to grab a company’s ‘excess’ profits.
