If you’re a Canadian investor hunting for a beaten-down gem on the Toronto Stock Exchange (TSX), goeasy (TSX: GSY) should be on your radar. This magnificent financial services stock is down 28% from its 52-week high of $206 — and I see that as a golden opportunity to load up shares for long-term investors. goeasy has a long history of…
Stock market investing can be an excellent way to use any savings you have to get good returns. Sure, parking all the extra funds in a high-interest savings account will grow your wealth through interest income. However, interest rates offered by even the best accounts pale in comparison to growing inflation. Over time, the money…
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…
Investing in the right stocks can make all the difference between retiring early with a handsome income or needing to work several years more and still fall short. Fortunately, there are some great stocks to buy on the TSX today. Given an extra $8,000, here’s where I would allocate those funds to my portfolio on…
Earlier today, the U.S. and China made a joint statement in which they announced that they would be lowering tariffs on one another by 115%. The U.S. tariff rate on China will decline from 145% to 30%, while the Chinese tariff rate on the U.S. will go down from 125% to 10%. The biggest tariff…
The Canadian equity markets have witnessed solid buying over the last few weeks, with the S&P/TSX Composite Index rising 12.4% from last monthâs lows. Easing trade tensions has improved investorsâ sentiments, supporting stock price growth. However, the uncertainty surrounding the United Statesâs trade policy and its impact on global growth could lead to a volatile…
There’s never a perfect time to invest. But waiting for everything to feel certain often means missing out on great opportunities. Right now, the TSX is full of quietly strong performers, companies that aren’t necessarily making headlines every day but are building real momentum. If I had to put my savings to work on the…
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…
Canadians have plenty of taxes to contend with, making it incredibly difficult to get the best use out of any savings they have to contribute to their retirement plans or any short- or long-term financial goals. Fortunately, the Tax-Free Savings Account (TFSA) has been a big blessing for Canadians since the account type was introduced in…