Image source: Getty Images The Bank of Canada (BOC) just initiated the first rate cut, and G7 central banks are watching in awe. In a press conference on June 5, 2024, BOC Governor Tiff Macklem said, “If inflation continues to ease, and our confidence that inflation is headed sustainably to the 2% target continues to…
Image source: Getty Images Investors seeking steady passive income could consider investing in top Canadian dividend stocks. The TSX has several fundamentally strong stocks that can help you generate steady income for decades. Additionally, using a TFSA (Tax-Free Savings Account) to invest in these top dividend stocks can enhance overall returns, as dividend income is tax-free…
Image source: Getty Images Despite another year with so much uncertainty in the economy and interest rates still well off their lows, many high-quality Canadian stocks continue to find ways to grow their businesses and offer dividend hikes to their shareholders in 2024. This is crucial for a few reasons. Firstly, it’s important for investors…
Image source: Getty Images It’s easy to choose discounted stocks when the market is bearish during a market crash or a sector-wide crash. That’s because the “force” and factors behind the discount are pretty apparent. Investors may wait before buying their favourite stocks. Still, the wait is more about getting the timing right, ideally just…
Dividend income can be a saviour. Whether you’re using the cash to help create compound interest towards your future or using it immediately in retirement that money can be a necessary part of your income. One investor sector that investors have used for decades to help fund their retirement and investments is energy dividend stocks….
Image source: Getty Images It finally looks like it’s time to start investing once again, and perhaps more aggressively than the last few years. This comes as the Bank of Canada lowered the key interest rate to 4.75% this month. This could signal a shift in the markets with more confidence leading to more growth…
Image source: Getty Images When adding new stocks to their portfolios, many investors have certain thresholds in mind. They may be related to valuation, market capitalization, or the price of the stock. If that sounds familiar and your own pricing threshold is below $50 per share, you should look into three stocks for this month’s…
Image source: Getty Images Are you looking for cash every month but don’t want to break the bank with your investment? Luckily, there are many strong dividend-paying, passive-income stocks out there — ones that will even provide you with a monthly income to boot! So, let’s get into three of the best and most affordable…
Image source: Getty Images. Businesses take time to grow. Here are two TSX stocks that could help set you up for life if you park long-term capital in them and allow them to grow over time. Other than having a growth nature in their businesses, they also pay nice dividends that are likely to grow…
Image source: Getty Images. It may seem as though earnings are done and dusted, but Dollarama (TSX:DOL) would beg to differ. Dollarama stock is set to release its earnings report for the first quarter of 2025 on June 12. With the date quickly approaching, let’s look at whether investors might see even more growth or…