Image source: Getty Images TD Bank (TSX:TD) is enjoying a nice rally to start 2025, but the stock is still down considerably from its peak in early 2022. Investors who missed the bounce in recent months are wondering if TD stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA)…
Image source: Getty Images Bank of Nova Scotia (TSX:BNS) took a big hit in the first part of this year. Bargain hunters started to move in over the past few weeks and investors who missed the bounce are wondering if BNS stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account…
When the stock market gets bumpy, most investors find themselves looking for safe ground. Some rush to cash, others hide in gold. But for Canadians who want income, stability, and long-term growth, our biggest banks tend to be the go-to move. Not only have these proven to weather economic storms, but they also tend to…
Image source: Getty Images Global trade tensions and growing uncertainties about interest rate policies from the Bank of Canada and the U.S. Federal Reserve have kept TSX investors on edge in 2025. While many investors are bracing for short-term turbulence, this climate has also created attractive long-term buying opportunities — especially in the financial sector….
The Liberal Party retained power in the recently concluded federal elections following a record voter turnout. Also, Canada’s primary stock market gained +1.3% during election week. However, the financial services sector advanced (+2.88%) the most in five days. Some market analysts say it is because the new prime minister is a former banker. CIBC analyst…
When the market dips, too often investors focus on the drop in stock prices rather than the discount opportunity it presents. In fact, while the market is still volatile, it’s a perfect time to grab this stellar TSX stock. The TSX stock for investors to consider right now is Bank of Nova Scotia (TSX:BNS). Meet…
If you want steady monthly income from Canada’s largest financial institutions, one option is to invest in an ETF that focuses exclusively on the sector. Banking stocks are well known for their consistent dividends, but for investors looking to maximize cash flow, a covered call strategy can provide an extra boost. The BMO Covered Call…
Tariff wars between the U.S. and its trading partners are rattling markets thus far in 2025. Investors are scrambling for shelter, and Canadian banking stocks – traditionally seen as safe harbours — are in the spotlight. But here’s the catch: Not all banks weather storms the same way. Bank of Montreal (TSX:BMO) and Bank of…
After an impressive 18% gain in 2024, the TSX Composite Index has started 2025 with a bit of a stumble. It jumped out of the gate with a strong 3.3% gain in January but has since given back 1.9%, leaving the index up just 1.3% year to date. For investors, it’s a classic case of…
Last year, I wrote an article in which I outlined my strategy to achieve $5,000 worth of passive income in 2025. Not even three months into the year, I’m happy to say that I’ve achieved my goal: According to my brokerage(s), I’m due to receive $5,675 in dividend and interest income in 2025. Now, technically…