Angelo Memmolo, CFP®, CLU®, RRC®
Wealth Management Advisor, Mortgage Agent Level 1
Wealth Management Advisor, Mortgage Agent Level 1
Before you begin investing, it is important to develop a plan. Patience eliminates a desire for get-rich-quick profits. No one gets rich overnight after purchasing mutual funds. However, many people will get rich investing in them over the long term …
Read moreLife insurance provides a tax-free death benefit and is a necessary component of most financial plans. Let’s look at the Top 20 Insights on using life insurance to protect our assets and build wealth. Types Of Life Insurance Term Insurance: …
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When you apply for a mortgage, there are several questions that a lender may ask.
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Estate planning is a process that allows one to determine how their assets will be distributed upon death. As we prepare to pass our lifetime assets to our heirs, there are key components of an estate plan that should be given careful consideration.
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Mortgage brokers are valuable mediators in the Canadian mortgage market, offering distinct advantages for both new homebuyers and those undergoing mortgage renewal. Multiple Lender Access: Mortgage brokers work with numerous lenders, such as major banks, credit unions, mortgage finance companies, …
Read moreStock market language refers to two predominant patterns: “bulls” and “bears.” These terms describe the prevailing market trend and can sometimes cause concern, but understanding their meaning is key to maintaining a long-term perspective. My goal is to help you …
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Tax Planning is Legal: Canadians can legally arrange finances to minimize income tax. Tax Issues to consider: RRIF Withdrawals: Increases your tax burden and may result in an Old Age Security (OAS) clawback. Provincial Tax Rate: Living in a high-tax-rate …
Read moreGenerative AI has fundamentally changed cybercrime. It is no longer just about technical exploits but has shifted to hyper-personalized, scalable, and psychologically manipulative fraud. The scale of financial losses is unprecedented. The 2024 Internet Crime Report from the FBI documented …
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When establishing a financial plan involving other stakeholders, such as paying down a mortgage, develop a written plan that all parties agree on.
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