Image source: Getty Images When you invest with a Registered Retirement Savings Plan (RRSP), you don’t pay any tax on the gains and income earned in the account. You do pay tax on the cash that you withdraw from the account. Compound income tax-free inside your RRSP However, if you don’t plan on withdrawing cash…
For investors looking to dominate the market in August, finding the Best TSX Stocks to buy and load up on during downturns is a great idea. Truth be told, most Canadian stocks have had a relatively strong year, with a number of defensive plays and companies providing meaningful dividend income seeing recent surges, alongside declining…
Image source: Getty Images How much cash do you need to live off of dividend income? It’s a question that many Canadians are asking these days. The Canada Pension Plan (CPP) doesn’t pay enough to live off of, and apart from the Government, employers don’t usually pay defined benefit (DB) pensions anymore. So, you need…
Image source: Getty Images. Recent rate cuts in Canada and expected cuts to interest rates south of the border in the coming months should provide additional support for TSX dividend stocks that are catching a new tailwind. Investors who missed the rally in the past few weeks are wondering which top Canadian dividend stocks are…
Starting a passive-income stream with practically any dividend stock is possible, but building a steady and reliable stream might require you to pick your dividend stocks more judiciously. You have to look into dividend sustainability so your passive-income stream doesn’t suddenly shrink if the company suspends or slashes its dividends. If you also want to…
BCE (TSX:BCE) and TELUS (TSX:T) are two behemoth Canadian telecom stocks with gigantic dividend yields right now, which mesmerize income investors. Which is a better buy today? Let’s find out. Dividends The big dividends, which the big Canadian telecoms have increased for years, are surely one massive attraction for investors. At $48.08 per share at…
Image source: Getty Images The TSX continues to spike and dip, but some of its constituents keep gaining altitude instead. If you’re chasing high-flying stocks, Bombardier (TSX:BBD.B), Secure Energy Services (TSX:SES), and Endeavour Silver (TSX:EDR) should be on your buy list. Long growth runway Bombardier has endured market volatility and continues to fly high. Current…
Image source: Getty Images BlackBerry (TSX:BB) investors are patiently waiting for the stock to stage a turnaround after wrestling with years of underperformance. In 2016, BlackBerry exited the smartphone business as it lost market share to Apple, Samsung, and a host of China-based manufacturers, including Huawei, Xiaomi, and Oppo. BlackBerry shifted its focus to provide a portfolio of software…
The S&P/TSX Composite Index has demonstrated remarkable resilience despite ongoing macroeconomic and geopolitical uncertainties. Looking ahead, several factors, including potential interest rate reductions, increased consumer discretionary spending, cost-cutting initiatives, the integration of artificial intelligence (AI) technology, and enhanced supply-chain efficiencies, are expected to bolster corporate earnings and drive Canadian stocks higher. Against this backdrop, here…
With the second half of the year now well underway, there is plenty of anticipation for what’s to come, especially with interest rates now on the decline in Canada and soon to be reduced south of the border. Higher interest rates have weighed on stocks across various sectors in recent years, meaning a lowering of…