If you have a high mortgage interest rate, it might be a better decision to pay down your mortgage rather than contribute to an RRSP. Mortgage prepayments typically go towards the principal and reduce the balance owing. Also, when it’s time to renew your mortgage, you’ll have a lower mortgage amount. Your Edward Jones advisor can help you review your options and choose a course of action that makes sense for your unique situation. https://ow.ly/ac8r50RuTgu #advice #retirement
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
-
Last week our financial advisor, Geoff Hotrum, had the opportunity to discuss financial literacy with a group of students as part of our Financial Marketplaces program that we launched last year in partnership with Canadian high school educators. This program is now a part of the curriculum in more than 800 schools across Canada. At Edward Jones, we believe in the power of financial knowledge. That's why we launched our Financial Marketplaces program – designed to help increase the financial acumen and confidence of high school students. Click here to learn more and register your school: https://ow.ly/sjoA50RGmqk Open to schools in BC, AB, SK, MB and ON. #wedomoneydifferently #Finance
-
-
Don’t be tempted by lower-quality bonds paying higher rates. Because of the increased risk, these bonds sometimes fail to make interest payments. We suggest allocating 85% of your fixed-income portfolio to AAA, AA or A rated bonds which have lower default risk. Learn more about bond investing here. https://ow.ly/Iafo50RuSUK
-
-
Our President David Gunn was invited to Gorman-Rupp Pumps conference in St. Thomas, Ontario to speak about leadership and business building strategies. Below is his post where he shares two of his favorite leadership lessons.
Proud to be back in my hometown of St. Thomas, Ontario to speak at Gorman-Rupp's annual distributor conference. I covered several topics around leadership and business building strategies. Two of my favourites included: · Make Listening Tours a year-round habit. Meet with your frontline teams often to find out what's on their minds. These discussions can reveal crucial insights about your clients and where to strategically invest, or not invest, to advance the business. Asking the 3 questions - What's working? What's not working? What do you need to build deeper client relationships today? · Discover and rediscover your core client segments. I shared that at least every 3 years senior leadership should ask itself – "if we weren’t in this market/client segment today would we still invest in it today? Even mature companies can think and act like a start-up as competitive landscape and technological advancements change quickly. Many thanks to Gorman-Rupp Pumps and CEO Scott King on my right and Managing Director Michael Broadhead for inviting me to be a part of your conference. #leadership #advice #finance #wedomoneydifferently
-
-
Using your tax refund to pay down debt can help reduce your monthly payments and save on interest. We’ve compiled five smart strategies for your tax refund, including paying down debt, which you can review with your Edward Jones advisor. Learn more here. https://ow.ly/wLAh50RuShC
-
-
Individual fixed-income securities tend to be less liquid, so they require a larger portfolio to better diversify by maturity, type, and sector. We recommend clients only consider individual bonds if they have at least $50,000 to allocate. Reach out to your Edward Jones advisor to find out more about bond investing. https://ow.ly/gTSL50RzMag
-
-
It’s a common dilemma for many #Canadians - should you pay down your mortgage or contribute to an RRSP? Unfortunately, there’s no easy answer. It depends on your personal circumstances. To help you determine what might be right for you, we’ve compiled seven key considerations. Learn more here. https://ow.ly/LsJ250RuRol
-
-
We recommend having three to six months' worth of total expenses available for emergencies. Allocating your tax refund to build an emergency fund can help you in doing so. Connect with your Edward Jones advisor about creating an emergency fund or to explore other ways you can get the most out of your tax refund. https://ow.ly/Nz1650RuR4X #advice #money
-
-
If you’re expecting to receive a tax refund this year, you may be wondering what to do with the #money. We’ve compiled five smart strategies for your tax refund which you can review with your Edward Jones advisor. Learn more here. https://ow.ly/KX1950RuQQL #Finance #Advice
-