The TSX Composite Index, Nasdaq Composite Index, and the S&P 500 Index are in the red as weaker-than-expected U.S. jobs data for August 2024 has increased fears of a recession. The market moves in the most unpredictable manner in a boom period as people have ample liquidity to take risky bets. However, it performs more…
Image source: Getty Images. The best times to invest in stocks are when you have some spare cash available. The sooner you can get your money working for you, the sooner it can start to compound and multiply. Compounding takes time and patience; the earlier you can start investing, the better. The great thing about…
Image source: Getty Images. The Tax-Free Savings Account (TFSA) is one of the best investment environments available in Canada. Offering tax-free dividends and capital gains as well as tax-free withdrawals, the TFSA can really help you grow your wealth. The benefits of tax-free dividends and gains are similar to those offered by Registered Retirement Savings…
According to a survey by the Royal Bank of Canada, about 58% of Canadians have a Tax-Free Savings Account (TFSA) compared to 46% of Canadians who have a Registered Retirement Savings Plan (RRSP), while a significant proportion have both. The way a TFSA is structured and the fact that it gives you access to your savings…
How much is a great brand really worth? It’s a question that investors should care about, because strong brands can translate into strong businesses, which, in turn, can lead to strong stock performance. So, let’s examine some of the companies with the world’s top brands to discover how valuable those brands truly are, and whether…
Image source: Getty Images You don’t need a huge five or six-figure amount of cash to get started investing, especially with commission-free trades offered by various brokers. Though some bank brokers may still charge anywhere from $5 to $10 per trade, some of the lower-cost ones out there charge fees that will barely eat into…
Image source: Getty Images Don’t let the volatile start to September deter you from continuing to pick up shares of solid companies at fantastic discounts. Undoubtedly, the TSX Index is home to some pretty neglected value plays. And while many of them may not have as much growth promise as some of the Silicon Valley…
Image source: Getty Images. Top dividend-paying stocks, particularly those offering high yields, have always been solid investments for investors seeking a reliable source of passive income. Further, as the Bank of Canada has started to ease its monetary policy, these stocks look even more attractive due to their higher yields than traditional debt-based investments. With this…
A TFSA (Tax-Free Savings Account) is a fantastic tool for building a diversified portfolio. It allows you to grow your investments tax-free, meaning none of your gains, whether from stocks, bonds, exchange-traded funds (ETF), or mutual funds, are taxed. Plus, with the flexibility to contribute to a wide range of investments, a TFSA makes it…
Image source: Getty Images It’s been a good year for Canadian investors so far. The S&P/TSX Composite Index is up close to 10% in 2024. And that’s not even including dividends, either. The market as a whole did see a pullback last week, though, spooking some short-term investors. There’s been no shortage of volatility over…