Thomas Rathonyi

Thomas Rathonyi

Thomas moved to Niagara from Hungary at the age of 12 and quickly felt at home here. Although he left for a few years after getting married, Thomas quickly returned to the warmth and welcome of Niagara. Now as a PenFinancial Wealth Advisor and Credential Asset Management Inc. Mutual Funds Investment Specialist in Fort Erie and Niagara Falls, Thomas enjoys working with a credit union that supports everything and everyone local. He takes pride in getting to know Members and finding varied and unique solutions that meet their individual needs.

Recent posts by Thomas Rathonyi

4 min read

Should I pay off my mortgage or invest more?

By Thomas Rathonyi on Jun 24, 2021 9:58:21 AM

With the current low mortgage rates, I am finding a lot of my members have the same question: should I try pay down my mortgage faster, or should I start/continue investing in my future? My answer is always the same: it depends! The reason I cannot give a definitive answer is due to the number of factors that make each of us unique. In this blog, I would like to share some of the factors I consider when giving advice to my members, and I am hoping I am able to help more people make the decision that is right for them.

Topics: Financial Literacy Personal Budget Financial Advice Financial Planning
3 min read

Stop ducking and start 2021 with a plan

By Thomas Rathonyi on Jan 11, 2021 3:48:25 PM

“An ounce of prevention is better than a pound of cure.” So said Benjamin Franklin, who didn’t have to live through 2020 and eat his way through 32 pounds of home-baked bread. But he was on to something. What he suggested was that we should deal with a problem by putting in a bit of time and planning upfront, instead of constantly ducking like we’re living in a real-life game of whack-a-mole.

Topics: Financial Literacy Personal Budget Financial Advice Financial Planning