The Bank of Canada has cut interest rates seven times since June last year, while lowering its benchmark interest rate to 2.75% from 5%. Moreover, analysts predict two additional 25-basis-point rate cuts this year. Amid falling interest rates, investors should consider monthly-paying Canadian dividend stocks that offer higher yields to earn stable and predictable cash…
When markets get jittery, even the biggest names can take a hit. But that’s not exactly what we’ve seen with Royal Bank of Canada (TSX:RY), the largest company on the TSX and the country’s most valuable bank. It’s long been considered a safe haven for Canadian investors, but with rising loan losses, concerns over consumer…
When you invest in a stock for the long term, it’s like entering a serious relationship. You want dependability. You want growth. And above all, you want something that won’t give you headaches every time there’s market noise. That’s what makes Loblaw Companies (TSX:L) a great buy-and-hold stock for long-term investors. It’s a company that…
Cannabis stocks have had a wild ride over the past few years. First came the hype, then the crash, and more recently, a period of stagnation as companies struggled with oversupply, regulatory hurdles, and slow profitability. It’s no wonder most investors have written the sector off entirely. But sometimes, when a stock is down and…
Investing can feel like a roller coaster, especially when markets are shaky and prices drop, or even when they reach all-time highs. But not all dips are disasters. Sometimes, these offer a golden opportunity, literally. That’s the case with Agnico Eagle Mines (TSX:AEM), one of the most dependable names in the gold mining industry. While…
Canadian National Railway (TSX:CNR) is down considerably over the past year. Contrarian investors with a buy-and-hold strategy are wondering if CNR stock is now oversold and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividend growth and total returns. Canadian National Railway stock price…
The Canadian REIT (real estate investment trust) scene is a great place to look if you want passive income at a reasonable price. Indeed, as hopes for lower interest rates from the Bank of Canada (BoC) grow, the underappreciated REIT scene could be a source of pretty good results over the long run. And while…
The Tax-Free Savings Account, or TFSA, has been providing investors with tax-free gains and income since 2009. In this time frame, the cumulative contribution limit has increased to $102,000. This means that there a lot of tax-savings to be had. So, wherever you are on your TFSA journey, I would recommend maxing out on this…
When markets start to slide, it’s easy to want to run for cover. But some of the best deals happen during those uneasy moments. And on the TSX today, there are still great companies trading at steep discounts, offering long-term investors a chance to scoop up quality names with attractive dividends. Let’s look at three…
Inflation doesn’t rest — and neither should your money. With the rising cost of living squeezing Canadian wallets, one of the smartest moves investors can make is focusing on income-generating assets. Dividends, in particular, offer a way to turn idle capital into a real helper, paying for monthly expenses. Imagine covering your $50 mobile data…