Image source: Getty Images It’s been a good year for Canadian investors so far. The S&P/TSX Composite Index is up close to 10% in 2024. And that’s not even including dividends, either. The market as a whole did see a pullback last week, though, spooking some short-term investors. There’s been no shortage of volatility over…
Image source: Getty Images Creating a passive-income stream can boost your financials by providing an alternative source of income. High-quality dividend stocks are a top choice for investors looking to build a secure passive-income stream. These fundamentally strong companies have the potential to maintain and even increase payouts consistently, regardless of market conditions. With this background,…
Image source: Getty Images The top dividend-paying stocks are smart investments that generate recurring passive income for decades. Moreover, a few offer high and sustainable yields, acting as a hedge against inflation and ensuring that the cash inflow continues with time. Against this background, let’s look at top Canadian stocks known for offering high and…
Image source: Getty Images There are discounted stocks in almost any given market, though the numbers can vary significantly based on the state of that market. In bull markets, the number of discounted stocks is relatively lower. It’s pretty high when the market has crashed or is appropriately bearish. While the current market fluctuates between…
In July, the Financial Post highlighted that Canada’s household savings rate had soared to 6.9% in the first quarter, a figure not seen since 1996, excluding the pandemic anomaly. This savings rate reflects the portion of disposable income Canadians manage to set aside. Statistics Canada reported that the median household income after taxes in 2022…
Image source: Getty Images Investing in top dividend stocks with high yields is a proven strategy to start a passive-income stream. Besides offering steady dividend income, high-yielding stocks provide a hedge against inflation, making them attractive options for investors looking for a relatively safe income stream, even amid market volatility. However, to generate worry-free income, it’s essential…
Image source: Getty Images The Bank of Canada has cut rates again, coming down to 4.25% this week. And now, the Federal Reserve looks like it might do the same. If the Fed cuts interest rates in September, Canadian investors could experience several ripple effects. A rate cut could lead to a weaker dollar in…
If you’re on the hunt for a Canadian stock with strong fundamentals and solid growth potential, look no further than goeasy(TSX: GSY), as there are solid reasons to buy it as if there’s no tomorrow. Over the past two decades, goeasy has established itself as a powerhouse in the subprime lending sector, consistently outperforming the…
Image source: Getty Images. Hydro One (TSX:H) operates a highly regulated electricity transmission and distribution business, serving 1.5 million customers in Ontario. Its financials are less susceptible to market volatility, given a 99% rate-regulated utility business and no exposure to commodity price fluctuations. Supported by these solid financials, the company has delivered over 133% returns…
The search for top ways to play the renewable energy trade is on. There are plenty of companies around the world built around the thesis that the world is going to need a lot more power in the future. The rise of AI, electric vehicles, and other technologies suggest current power supply isn’t even close…