Image source: Getty Images When you’re considering investing $3,000 in the Canadian stock market, there are a few key things to think about before choosing your stocks. First, consider your investment goals. Are you looking for long-term growth, steady dividend income, or a mix of both? Your goals will help you decide which sectors and…
Image source: Getty Images You don’t have to dig too deep in the TSX Index to find truly standout dividend yields. Undoubtedly, there’s more to hunting down dividend plays (or distributions with real estate investment trusts, or REITs) than screening out the names that yield less than some arbitrary figure (let’s say 5-6%). Other factors,…
Image source: Getty Images For an exchange-traded fund (ETF) to be a “buy and hold forever” for me, it needs to do just two things: be broadly diversified and have a low management expense ratio (MER). That’s it. Checking off these two boxes can set you up for long-term success without overcomplicating your portfolio. With…
One of the best features of the stock market is that it gives everyone a chance to save their money and invest in businesses operating all across the country and the world in order to grow their savings and work toward financial freedom. Plus, with a TFSA, you can buy the best Canadian stocks and…
When seeking stocks with potential to surge in 2025, the focus should be on a mix of growth potential, stability, and sector trends. But how do you find these diamonds in the rough? Let’s take a look at what investors will want to consider, and of course one “golden” opportunity. What to watch To find…
Canadians get to add an additional $7,000 to the TFSA (Tax-Free Savings Account) in 2025. That is an extra $7,000 that can be used to generate passive income with zero tax consequence. Inside the TFSA, you don’t pay tax when you sell your investments or collect dividends. You don’t pay tax when you withdraw from…
Image source: Getty Images If you’re looking to build a passive income stream through real estate, Canadian real estate investment trusts (REITs) offer an excellent opportunity. With as little as $1,000, you can invest in a diversified portfolio of properties across various sectors like retail, industrial, and residential. Here are three solid Canadian REITs to…
Canadian investors are using their Tax-Free Savings Account (TFSA) to build investment portfolios to help meet financial goals. One popular TFSA strategy involves owning dividend stocks and Guaranteed Investment Certificates (GICs) to generate a stream of tax-free passive income. TFSA limit The TFSA limit is $7,000 for 2025. This brings the cumulative maximum contribution space…
North America’s energy infrastructure giants, such as Enbridge (TSX:ENB) and TC Energy (TSX:TRP), are reshaping their strategies, and Bay Street is watching these developments closely. In late 2023, Enbridge announced a landmark US$14 billion acquisition of three natural gas utilities from Dominion Energy, allowing it to expand its gas distribution footprint. Meanwhile, TC Energy has separated its oil pipeline…
Investing a $22,000 windfall in a dividend stock could set you up for consistent monthly passive income, all while building your wealth over the long term. In fact, there are many opportunities out there. But one of the most promising for monthly income at this stage is Dream Industrial REIT (TSX:DIR.UN). Why Dream? This industrial-focused…