Starting to invest in the stock market can seem quite exciting. For someone new to it, the idea of investing a bit of money into a company that suddenly soars and makes them wealthy beyond measure can be tempting. While becoming rich overnight might be a bit far-fetched, investing in growth stocks can yield amazing results. If…
Building the kind of wealth that can last generations can happen as a stock market investor. While many might think of it as a pipe dream, it is very much possible to get 10x growth for your money. The key to achieving such a milestone is making sure you do your due diligence and invest…
Group of friends laughing on a roller coaster ride at the amusement park during sunny day. Canadian banks and the broader economy have had a pretty good year of performance on the stock market so far in 2025. Despite the looming threat of stock market volatility, the economy seems to be booming. As of this…
Central banks in the U.S. and Canada have been busy in recent months, enacting cuts in key interest rates as inflation levels cool to target levels. The Bank of Canada has been more dovish about the cuts compared to the U.S. Federal Reserve amid trade tensions. However, it is clear that the Bank of Canada…
The Canadian stock market has produced several winners that have helped investors with a long-term investment strategy succeed. Many publicly traded companies have been good picks because their share prices do not reflect their true value. Investors who can identify such undervalued and high-quality stocks buy when prices are down and benefit from capital gains….
Canadian tech stocks had a good time in the limelight during the tech boom a few years ago, right around the pandemic. The sector-wide meltdown led to many people stepping away from the tech sector to avoid unnecessary capital risk. However, many Canadian investors saw multi-fold returns through stocks like Shopify. While that is the…
Simply setting aside some money each month and hiding it under your mattress might seem like a safe way to save for your retirement nest egg. However, any money that you leave idle simply cannot retain its value, let alone grow more valuable over time. Why? Inflation will deteriorate the value of that money. Persistently…
If you are new to it and are just starting to invest in the stock market, you might be wondering about investing in companies that make headlines about making people a ton of money. Most of the time, these growth stocks belong to the tech sector. However, the tech stock meltdown a few years ago has made…
Ever since central banks in the US and Canada started cutting key interest rates, economic activity has picked up pace in both countries. While the rate cuts are currently paused amid trade and geopolitical tensions, analysts predict two more rate cuts of 25 basis points as inflation and tariff-related headwinds ease. Lower interest rates also…
Plenty of Canadians working on their retirement plans consider using the Tax-Free Savings Account (TFSA) as part of it. The tax-sheltered account lets your investments held inside it grow without incurring taxes on any returns, be it interest, capital gains, or dividends. The only caveat for some is that the Canada Revenue Agency (CRA) has limits…