Trump’s global tariffs war has raised concerns that inflation may start to tick up over the remainder of the year. If you are retired or rely on investment income for your living, inflation can be a real challenge. Your income is fixed, but your costs are increasing (meaning you end up with less cash leftover…
Stocks that pay a monthly dividend stream are attractive to income-oriented investors. The income these stocks produce can be used for your monthly living expenses, or it can be reinvested into other income-producing stocks just that much quicker (than on a quarterly or biannual basis). Unfortunately, if you want monthly passive income, you often only…
You don’t need a lot of capital in your TFSA (Tax-Free Savings Account) to grow a substantial portfolio. Inside the TFSA, all the income you earn is tax-free. As a result, you can compound your wealth so much faster than in any non-registered account. Even $14,000 can become a huge TFSA sum The government doesn’t…
If you are a new investor, you can build a diversified portfolio with $5,000 for the long term. Today, trading platforms make investing easier than ever. No-fee commissions allow you to affordably (for free) build portfolio positions. Likewise, fractional shares allow you to buy fractions of stocks that might otherwise be unaffordable. If you are…
Canada is well known for its plentiful array of dividend stocks. Canadians get a dividend tax credit when they collect dividend income from Canadian stocks. As a result, dividends are more tax-advantaged in Canada than in other countries. While dividends are a tangible cash return, there is no point collecting them if your capital investment…
Earning passive income by investing in stocks has been a popular investing strategy for many Canadians. Stocks are liquid and easy to trade, which makes them attractive alternatives to other income-generating assets like real estate, franchises, or small business investments. Yet, many Canadians look for high-yielding stocks that pay big dividends but have little capital…
If you want decades of passive income, you need to find stocks in companies that could produce decades of income. Some of the best places for income are stocks that have predictable businesses that generate lots of cash. This can come from operating assets like pipelines or real estate. It can also come from selling…
You don’t need to be a millionaire to collect monthly passive income from real estate investments. In fact, investing in real estate is more accessible than ever when you buy a publicly traded real estate investment trust (REIT). REITs can be a superior way to invest in real estate REITs are attractive investments for a…
After the TSX Index rose to new all-time highs last week, it is becoming harder to find Canadian stocks at attractive valuations. During the Trump mini-crash, you could pick up almost any stock and watch it rise from that bottom. However, investing is more challenging today. The stock market appears to be in a no-man’s…
The Tax-Free Savings Account (TFSA) contribution limit rose $7,000 in 2025. That is $7,000 that can grow without any tax implication. While it isn’t a huge amount, it is powerful. The TFSA can save you thousands of dollars Just $7,000 compounded tax-free at a 10% annual average rate could be worth over $18,000 in 10…