Last year, I wrote an article in which I outlined my strategy to achieve $5,000 worth of passive income in 2025. Not even three months into the year, I’m happy to say that I’ve achieved my goal: According to my brokerage(s), I’m due to receive $5,675 in dividend and interest income in 2025. Now, technically…
Image source: Getty Images Restaurant Brands International (TSX:QSR), the parent company behind iconic brands such as Tim Hortons, Burger King, and Popeyes, is a company to watch closely as we head into 2025. Despite recent fluctuations in the stock price, with shares down about 13% from their 52-week high, the company remains a major player…
Canadian investors can consider investing in gold, as the precious metal is viewed as a store of value and a hedge against inflation. In the last 20 years, gold prices have surged over 500%, outpacing the TSX index, which has returned less than 400% in this period. In the last 12 months, gold prices have…
Investing your $7,000 Tax-Free Savings Account (TFSA) contribution wisely can set the stage for substantial long-term gains. So today, let’s explore three notable Canadian companies, WSP Global (TSX:WSP), RioCan Real Estate Investment Trust (TSX:REI.UN), and Topicus.com (TSXV:TOI), delving into recent performances, future prospects, and why these might be worthy additions to your investment portfolio. WSP…
In the bustling world of renewable energy, it can be hard to find companies that look like great future outcomes, especially when it comes to stability in a sector still finding its footing. Yet two Canadian giants, Brookfield Renewable Partners (TSX:BEP.UN) and TransAlta (TSX:TA), have been making waves. Both companies have recently released their earnings…
As Canadian investors set their sights on the basic materials sector in 2025, three companies stand out. Those are Teck Resources (TSX:TECK.B), Franco-Nevada (TSX:FNV), and Lundin Mining (TSX:LUN). Each offers unique opportunities, reflecting their recent performances and future prospects. So, let’s take a look at why they might belong in your portfolio. Teck stock Teck…
On the lookout for a way to generate passive income while tapping into the strength of Canada’s banking sector? The BMO Covered Call Canadian Banks ETF (TSX:ZWB) might just be your ticket to financial freedom. This exchange-traded fund (ETF) offers investors a unique blend of high dividend yields and potential capital appreciation. All wrapped up…
The consumer discretionary sector is expected to continue its positive momentum, especially as Canadian consumers grow more comfortable post-pandemic and as the economic recovery strengthens in 2025. While the retail space is highly competitive, some companies stand out for their resilient performance, growth potential, and ability to capitalize on shifting consumer trends. For Canadian investors,…
It’s been a tough go for Canadian investors as of late. The S&P/TSX Composite Index had a strong start to the year, returning 3.5% in January. After trading sideways for most of February, the index then gave up all of its returns on the year in March and is now just about flat in 2025. …
Image source: Getty Images Investors seeking to bolster their passive income and build substantial wealth over the long term could consider Canadian dividend-paying stocks with strong growth potential. Dividend stocks, particularly those with solid fundamentals and a history of increasing payouts, can offer financial security and long-term wealth creation. Notably, these dividend stars reward investors…