Harvest great ideas from your company’s best assets
- December 25, 2015
- Posted by: Brian Poncelet
- Category: Approved, Competitive research
No CommentsIn particular, the initial state of the company’s sales and operations planning capabilities limited their ability to account for demand variability or raw material lead times in production and distribution. Improve sales and operations and production planning.
Why Critical Illness insurance is so important
- March 1, 2015
- Posted by: Brian Poncelet
- Category: Approved
CI testimonial Every day in our business www.halton.medichair.com we see firsthand how an illness or injury can affect your life and that of your family. We never expected this to happen to us, but Kristin and I are so very thankful that with Brian’s helpful advice we made the decision a long time ago to
Why NHL players are like us.
- January 14, 2015
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
Question what is the average NHL average career? Answer… 5.5 years! Where do most hockey players get their financial advice? Many times its from other ex-hockey players. What do young players do? They buy cars, houses cottages etc. Problem is time is limited and so is money! With real estate buying the biggest home on
The 5 C’s of Credit…credit worthiness
- November 11, 2014
- Posted by: Brian Poncelet
- Category: Annuity, Approved, Disability Insurance, Federal Politics, Hollywood, Life Insurance
Here is the 5 C’s of credit worthiness: 1. Character What is the history of past repayment of debt. 2. Capacity Can they afford it? See GDS and TDS ratios 3. Capital Really net worth..like house (less mortgage, line of credit) 4. Credit Credit bureau and current debt levels 5. Collateral Can the debt be
TDS ratio (total debt service ratio)
- November 10, 2014
- Posted by: Brian Poncelet
- Category: Approved, Disability Insurance, Federal Politics, Hollywood, Life Insurance, World News Insurance
What is the TDS and what does it mean? A debt service measure that financial lenders use as a rule of thumb to give a preliminary assessment of whether a potential borrower is already in too much debt. More specifically, this ratio shows the proportion of gross income that is already spent on housing-related and
How to figure out: Your GDS (gross debt ratio)…what you need to know before buying a house
- November 9, 2014
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
So you want to buy a house? Here is some numbers you need to know first. Gross income Mortgage payment Property taxes Formula is Mortgage payment + Property taxes + heating cost (or 50% of condo fees) ————————————————————————— Gross Income Here is an example: Mortgage payments $1360/ month ($16,320/year) Heating $2,000/year Property Taxes $4,600 Gross
www.Ratesupermarket.ca Insurance riders what are they?
- September 28, 2014
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
What are Insurance Riders? Do You Need Them? Here is a link to a blog I helped with on www.ratesupermarket.ca “What is an Insurance Rider? An insurance rider is optional coverage you can add to your policy. “An insurance rider is really enhanced coverage or benefit to the policy holder for a cost above the
Lack of information = Lack of advice
- June 15, 2014
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
One of the things that drives me nuts is the shows like the Suzie Orman show on CNBC. Callers will say their situation which takes 30 or less Suzie will give advice in about 8 -15 seconds. If you go to a Dr.’s office for the first time do you have to do a physical?
High cost of helping your parents
- May 26, 2014
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
The National Post had a great story about the high cost of looking after parents who need extra care in their older years. http://business.financialpost.com/author/mwleong/ The story is really an old one. Boomers, paying for help for their parents out of their own savings. “Seven in 10 caregivers were providing some sort of financial assistance to
Why the best permanent life insurance quotes can not be quoted on www.ratesupermarket.ca
- April 6, 2014
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
I used an example of a male non-smoker born January 18, 1974 for permanent coverage for $500,000. Best quote was $322/month. No Cash value. I ran a quote my self on another insurance company best quote $400/month. Hey that’s $80/month more expensive! But at year 15 the GUARANTEED CASH VALUE IS $35,435. Ok let’s look