The TSX is near its record high, but investors can still find deals for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on income and long-term total returns. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) is a giant in the Canadian energy sector with a current market capitalization near $96…
Are you invested in Cineplex (TSX:CGX)? Canada’s largest entertainment company has remained stuck since before the pandemic in a perpetual state of being ready for a recovery. As the summer blockbuster season kicks off, Cineplex stock may finally get the recovery it desperately needs. And that could be good for investors. The problem with Cineplex…
Despite its name, the Tax-Free Savings Account (TFSA) isn’t really designed to be just a savings account. Parking your money in cash or a high-interest savings product inside it is a complete waste of what this account can offer. Here’s why: The TFSA is one of the most powerful tools available to Canadian investors. Any…
A $49,000 portfolio is more than enough to start building real wealth — if structured wisely. The key lies in striking a careful balance between growth potential and downside protection. The good news? You don’t need to be a market guru to achieve this. With the right mix of investments, even a modest portfolio can…
You don’t need a lot of capital in your TFSA (Tax-Free Savings Account) to grow a substantial portfolio. Inside the TFSA, all the income you earn is tax-free. As a result, you can compound your wealth so much faster than in any non-registered account. Even $14,000 can become a huge TFSA sum The government doesn’t…
Canadian retirees should consider investing in blue-chip TSX dividend stocks to create a steady stream of recurring income. Typically, fundamentally strong companies that are part of mature industries generate steady cash flows across market cycles, enabling them to maintain and even grow their dividends over time. In this article, I have identified three top TSX…
Pembina Pipeline (TSX:PPL) is among the top pipeline stocks I don’t think gets enough love. There are reasons for this, with other prominent players in the energy infrastructure space generally taking up significant mind share for investors, and for good reason. That said, I think Pembina is an intriguing stock trading around 15% below the…
Canadian mining stocks have outperformed the broader market in the last few weeks as investors respond to rising commodity prices and continued optimism in global demand. Gold prices recently soared to an all-time high, while silver is trading near its highest level in over a decade. Copper has also seen a strong rally, reflecting strong…
Suncor (TSX:SU) rallied 20% off the April low over the past two months. Investors who missed the bounce are wondering if SU stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on dividends and total returns. Suncor stock price Suncor trades near…
Sometimes the laziest investment methods are the most effective. And few strategies are lazier or more reliable than plunking $10,000 into an exchange-traded fund (ETF) that passively tracks the S&P 500 Index and letting time do the heavy lifting. No, this isn’t a globally diversified portfolio. And yes, it leans into America’s long streak of…