Edward Jones - Financial Advisor: Daryl Krompart CFP

To successfully time the market, you need to know when to get out, and when to get back in, which is nearly impossible. Instead, be disciplined and remain focused on your long-term goals. I can review your goals with you and help you determine a strategy tailored to your needs.

The risk of chasing short-term rates An investment with a high rate of return sounds great, but there may be more than meets the eye.

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. Want to learn more about bond investing? Give me a call or send me a DM.

3 fixed-income investing principles Here are three investment principles to help lower your risk when investing in fixed income.

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. Please contact me if you’d like to explore the optimal strategy for your tax refund.

5 smart strategies for your tax refund Financial opportunities to consider with a tax refund.

Bring on the dad bod, dad-dancing and dad jokes!

June 16th is Father’s Day in . We would like to wish all dads, grandpas and father figures a Happy Father’s Day! We hope you will find time to spend with your family and perhaps show-off some dad-dancing moves and crack a few dad jokes.

The June FOMC meeting and U.S. inflation data were front and centre last week, with both offering some positive news for the bulls. Our Weekly Market Wrap highlights potential market opportunities ahead.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

There’s more to fixed-income investing than focusing on current interest rates. Edward Jones has three guiding investment principles that can help better position you to achieve reliable income and reduce risk. These are: Focus on quality, diversify, and invest for the long-term. I’m available to talk if you’re considering bonds as part of your portfolio and savings goals.

3 fixed-income investing principles Here are three investment principles to help lower your risk when investing in fixed income.

Want to know what happened in the market this past week and what's ahead check out our latest market update.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

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. Contact me to discuss strategic bond investing.

3 fixed-income investing principles Here are three investment principles to help lower your risk when investing in fixed income.

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. Contact me if you’d like to explore these considerations together

Mortgage vs. RRSP Should you pay down your mortgage or contribute to your RRSP? We can help you determine what will work best for you.

Living with debt can be stressful, especially during high-inflationary periods where it can be more difficult to find extra money to put toward debt repayment. We've compiled some tips to help you better manage and pay down your debt.

3 strategies to help pay down debt Learn about three methods of repaying debt: snowball method, avalanche method and debt consolidation.

Check out our weekly market update for news on last week's market and guidance for the week ahead.

Certain types of debt have special status making paying them off less advantageous, even if they have a higher interest rate, or are only a small sum. These include tax deductible debt, student loans and certain medical training debts.

3 strategies to help pay down debt Learn about three methods of repaying debt: snowball method, avalanche method and debt consolidation.

The avalanche method of debt repayment aims to reduce the amount of interest you pay by increasing the amount of debt payment that goes towards the principal.

3 strategies to help pay down debt Learn about three methods of repaying debt: snowball method, avalanche method and debt consolidation.

Different investments generate different returns, such as interest, dividends, and capital gains, which aren’t taxed the same. GICs tend to be seen as low-risk as your original investment and returns are guaranteed but aren’t very tax-efficient as the interest received is fully taxable as income.

Your GIC maturity date is approaching. What next? See the five key factors to consider when your GIC matures.

After four weeks of rallying, markets took a breather last week, despite stellar earnings from the artificial intelligence (AI) darling Nvidia. For the full year, the S&P 500 is still higher by about 10%, and we believe some consolidation after a strong move over the past month is a healthy sign.

Overall, we see the bull market that began in October 2023 continuing perhaps in the years ahead. In our view, while returns were narrow and concentrated in the technology space early on, diversification will likely be a key theme as the bull market continues and matures.

Find out more in our latest Weekly Market Wrap.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

The 2023 federal budget proposed earlier access to more RESP Education Assistance Payments. These proposals are significant as payments are taxable in your child’s hands, so it’s often a good idea to make withdrawals early in their post-secondary education when they’re in a lower tax bracket or don’t have to pay tax.

Edward Jones, its employees, and financial advisors cannot provide tax or legal advice. You should consult your lawyer or qualified tax advisor regarding your situation.

RESP withdrawal rules: How 2023 changes provide a planning opportunity See how proposals in the federal budget will allow students to access more EAPs from RESPs.

What are the top three benefits of purchasing an annuity?
- Annuities can provide an income for life, eliminating the risk of outliving your savings.
- Prescribed annuities also ensure the taxable portion of your payments is predictable, so you won't be caught with unexpected taxes.
- Annuities can help shield you from market volatility.

If you’d like to explore annuities further, contact me.

Are annuities a wise investment choice for retirement? Annuities can create a stable retirement income and enhance your long-term financial security.

We know that stock market returns in 2023 were very narrow – led primarily by U.S. mega-cap technology and a handful of U.S. companies. So nearly three months into 2024, where do we stand now? And how are the Canadian equity markets and Canadian investors impacted?

Senior strategists, and , share their insights in our latest Market Compass.

Market Compass video series Market Compass helps keep you in the know about what's happening now and what we think may unfold over the next quarter. In this video series, our strategists focus on exploring economic events that matter to you, and offer tips you can use as you work toward your financial goals.

In this week's update we review last week's market performance and take a look at what the week ahead could hold.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

I am proud to announce our continued support of The Terry Fox Foundation.
This year Team Edward Jones will be walking, running, and riding in our communities to build upon the more than $680,000 our incredible team has raised since 2021.

To join us in supporting Terry’s dream of a world without cancer, visit the Team Edward Jones page.

run.terryfox.ca

A common source of retirement income for Canadians is the Canada Pension Plan (CPP). This is a taxable monthly benefit administered by the federal government, which if you qualify, you get for life. Edward Jones has compiled our top 10 FAQs about the CPP.

Contact me if you’d like to review together.

Top 10 questions about Canada Pension Plan (CPP) You asked – we answered! Here are the top 10 questions about Canada Pension Plan (CPP).

It's essential to develop a personalized RESP strategy. RESP rules are complex, and there can be moving parts if your child switches programs or takes a gap year. I can help you structure contributions and withdrawals in a way that works best for your family.

Edward Jones, its employees, and financial advisors cannot provide tax or legal advice. You should consult your lawyer or qualified tax advisor regarding your situation.

RESP withdrawal rules: How 2023 changes provide a planning opportunity See how proposals in the federal budget will allow students to access more EAPs from RESPs.

The outlook for rates is no doubt a key variable for the economy and stock valuations. But in a world where investors interpret every single datapoint through the prism of its implications for Fed policy, one of the most important determinants of long-term market returns – corporate profits – is often overlooked.

As the first quarter earnings season wraps up, we offer our take on the state of corporate America, which provides a valuable compass for evaluating the overall trajectory of stocks. We also inevitably discuss our views on inflation as the spotlight turns to the U.S. CPI release this week.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

Many Canadians own holiday homes in the U.S. and rent them out when they’re not there. Rental income has to be reported in both the U.S. and Canada. However, any U.S. federal and state taxes can typically be claimed as a foreign tax credit in Canada, which avoids double taxation.

Edward Jones, its employees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning lawyer or qualified tax advisor regarding your situation.

What snowbirds need to know Interested in snowbirding south?

Providing a loan to your adult children is one way to help them financially, but you should document it in your will. If the loan is outstanding when you pass and you wish to forgive the remaining amount, it’s treated as inheritance and not subject to income tax.

Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your lawyer or qualified tax advisor regarding your situation.

Considering helping your adult children purchase a home? Here’s what to consider

Typically, you’ll need to renegotiate your mortgage agreement at the end of the term. During this time, you can make lump sum payments without penalty, choose between a fixed or variable rate, change the payment frequency, switch to a different lender, or refinance your mortgage. Learn more here.

Top 10 questions about mortgage renewal You asked – we answered! Here are the top 10 questions about mortgage renewal.

After five months of sharp and steady gains beginning last November, the mood in the financial markets has shifted in recent weeks. The catalysts for the swing – Fed policy, the jobs market, corporate earnings – were all in the spotlight last week.

And while the net result was a gain for stocks – starting May off on an up note following April's decline, the first monthly loss since last October – recent market swings reflect a new set of facts emerging from incoming data. So, what changed? And does this change our opinion on the outlook for the markets? We offer our take in our latest Weekly Market Wrap.

Weekly market wrap How did the markets perform this week? Get the highlights and the latest economic news.

This America Saves Week, invest in your financial future! Complete our lesson on planning for retirement so you can maximize your potential. Your journey to financial success continues today!

Planning for Retirement Learn how to start or optimize your approach to retirement savings. From Edward Jones and EVERFI

There are many factors to consider when deciding when to start receiving your Canada Pension Plan (CPP) retirement benefits. These include your tax rate, income needs, health, lifestyle, and whether you’re single or have a family. I can help you determine the optimal date for you.

Is it time to review your financial strategy and savings goals? Let's connect!

Top 10 questions about Canada Pension Plan (CPP) You asked – we answered! Here are the top 10 questions about Canada Pension Plan (CPP).

When you purchase an annuity, you’re making a lump sum payment in return for a guaranteed, predictable stream of payments. As a result, annuities create a pension-like income that can be attractive to retirees who need to convert a portion of their savings into regular income stream.

Think an annuity might be right for you? Contact me to discuss further.

Are annuities a wise investment choice for retirement? Annuities can create a stable retirement income and enhance your long-term financial security.