Image source: Getty Images For new investors, there’s a game-changing way to invest with minimal cost – $0 trading fees on platforms like Wealthsimple. By avoiding hefty fees, you can boost your investment returns. Here are three TSX stocks I’d snap up in a heartbeat today. Why TD Bank stock is a must-buy right now…
Image source: Getty Images. Cuts to interest rates are driving income investors back to dividend stocks as rates offered on Guaranteed Investment Certificates (GICs) continue to fall. Top dividend stocks aren’t as cheap as they were late last year, but investors can still find deals. Bank of Nova Scotia Bank of Nova Scotia (TSX:BNS) trades…
Image source: Getty Images September is right around the corner, and it’s an excellent time to start thinking about your 2024 tax return. Although taxes aren’t due until April of next year, it helps to keep track of your expenses and benefits throughout the year. 2025 will be here sooner than you think, and the…
The Canada Pension Plan (CPP) payment is for life, but more is needed to live on or support financial needs in retirement. CPP users should heed the advice of the Canada Pension Plan Investment Board (CPPIB). The CPP fund manager says the pension is a foundation for Canadians to build their financial security in retirement….
Image source: Getty Images Investing in REITs (real estate investment trusts) in Canada can be a smart move, especially if you’re looking for a blend of income and growth. One of the biggest benefits of REITs is their ability to generate consistent income through dividends. Canadian REITs, on average, offer dividend yields ranging from 4%…
Image source: Getty Images Ups and downs are an inherent part of the stock market and a natural element of its appeal because, without this movement, there would be little opportunity for investors. However, this also comes with risks that only some are comfortable with. This is why many conservative investors who tend to prioritize…
Image source: Getty Images SmartCentres REIT (TSX:SRU.UN) on the TSX is often considered a strong investment. This comes down to its solid portfolio of retail and mixed-use properties. These provide a reliable cash flow, making it attractive for income-seeking investors. Moreover, SmartCentres is actively expanding its development projects into residential and mixed-use spaces, tapping into…
Image source: Getty Images Many top Canadian dividend stocks still trade below 2022 highs despite the broader TSX now being at a record level. Cuts to interest rates in Canada are expected to continue, and the U.S. Federal Reserve will likely begin reducing interest rates as early as next month. This could set the stage…
Image source: Getty Images Market sentiment on dividend stocks started to shift last fall from selling on fears of higher interest rates to bargain hunting based on anticipation of rate cuts in 2024. The Bank of Canada has already reduced interest rates twice, and more cuts are expected. The U.S. Federal Reserve could start cutting…
Image source: Getty Images Contrarian investors seek out quality stocks that have fallen out of favour with the market but have sound core businesses that should recover. Buying undervalued stocks takes courage and requires patience. Cheap stocks often get cheaper before the bounce. However, the strategy can also deliver attractive long-term gains. TD Bank TD…