Today the Bank of Canada lowered its target for the overnight rate by 0.25%, providing some relief to Canadians with variable rate debt. In this latest Daily Market Snapshot, Senior Investment Strategist, Mona Mahajan, explains what this could mean for investors. https://lnkd.in/eeRWNtng
About us
We're dedicated to helping you, the individual investor, reach your long-term financial goals, such as saving for a house, paying for a child's education or retiring on your terms.
- Website
-
https://www.edwardjones.ca/
External link for Edward Jones Canada
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Mississauga, Ontario
- Founded
- 1994
Updates
-
The First Home Savings Account (FHSA) was created to help Canadians save for the purchase of a home. Contact your Edward Jones advisor to learn more about how an FHSA can help you achieve your homeowner dreams. https://ow.ly/QYfI50S7sTn #Finance #Advice
-
GICs are considered low-risk as the original investment and returns are guaranteed. But this doesn’t mean GICs are risk free. GICs carry other forms of risk such as inflation, reinvestment, and shortfall risk. Learn more about GICs here. https://ow.ly/m0Xx50S7tq8
-
Today is the start of Pride Month. Throughout June there will be lots of activities, events and parties celebrating Pride across #Canada and the world. To everyone participating, Edward Jones wishes you Happy Pride.
-
Contributing to an RRSP or paying down your mortgage doesn’t have to be an “either-or” choice. You could do both. For example, you could make your RRSP contribution, and then allocate the subsequent tax refund to your mortgage. Talk to your Edward Jones advisor about more ways to juggle the two. https://ow.ly/Szxe50RuV3m
-
It can be tempting to try and time the market as interest rates and bond prices change, but we recommend buying bonds for the current income they provide and holding them until they mature or are redeemed by the issuer. Your Edward Jones advisor can discuss strategic bond investing with you. https://ow.ly/KsAE50RuUUE #advice #wealth #money
-
Reinvesting your tax refund can help boost your #retirement savings. Allocating your tax refund to your RRSP can help advance your savings especially if you have an employer matching program. Your Edward Jones advisor can review the best strategies for your tax refund with you. https://ow.ly/Bzjl50RwaZX #advice #money
-
There are seven key considerations to help you determine if contributing to an RRSP or paying down your mortgage is right for you. Some of them include your income, mortgage interest rate, RRSP returns, age, and any other debt or retirement income you have. Learn more about these considerations here. https://ow.ly/WpwE50RuUNQ
-
Hoping to get a tax refund this year? Why not create a strategy for your refund now that aligns to your personal goals? Your Edward Jones advisor can help you weigh your options and choose a course of action that works best for you. https://ow.ly/wgrb50RGmjS
-
You should strive to diversify your fixed-income portfolio. Owning bonds from a variety of issuers can help reduce overall risk. You should also diversify by category, holding both government and corporate bonds, and by geography with global, U.S. and Canadian bonds. Learn more about bond investing here. https://ow.ly/t5ec50RuULa #Canada #Money #Advice