Over the last year, we’ve already begun to see rapid innovation in AI technology and, consequently, a massive rally in many AI stocks. With so much competition in the space and the race for companies to build out their technology or adapt others’ technology to improve efficiency, it’s clear that the potential AI offers cannot…
Image source: Getty Images North American stocks have been under pressure lately due to fears of a recession in the United States. As the TSX spikes and dips because of the headwinds, some high-yield dividend stocks bounce along with the market. Laurentian Bank (TSX:LB) and Polaris Renewable Energy (TSX:PIF) underperform but are attractive options for…
Image source: Getty Images Investing in stocks that pay dividends monthly and offer high yields is an excellent strategy for beginning a passive income stream. However, investors must be careful when choosing stocks, as dividends are not guaranteed. Companies can revoke their payouts in case of financial deterioration. If an investor intends to earn $500…
Image source: Getty Images Canada has a small defence industry, and this is reflected in the country’s lack of major publicly traded defence companies. But even though there is a lack of “pure-blood” defence stocks on the TSX, multiple companies can be categorized as such, thanks to their defence division or the fact that their…
Artificial intelligence (AI) has been a major trend in 2024. Many believe AI could revolutionize the way humans do business in the future. While U.S.-listed stocks have been the biggest beneficiaries from this soaring trend, Canada also has some great companies benefiting from AI. If you are looking for some stocks that could enjoy long-term…
The artificial intelligence (AI) megatrend has the potential to generate sizeable wealth for early investors. According to a Statista report, the total addressable market for AI is forecast to expand from US$136 billion in 2023 to US$827 billion in 2030, indicating an annual growth rate of almost 30%, providing sector leaders with an opportunity to…
Image source: Getty Images With the generative artificial intelligence (AI) rally going up in smoke this past week, many investors may be wondering if it’s time to start nibbling on their favourite tech plays on the dip. Indeed, the AI trade has not been working out for investors who bought in this summer. And though…
Do you want to earn tax-free savings account (TFSA) income that the Canada Revenue Agency can’t tax? It’s not the hardest thing in the world to do, but there are some mistakes that can lead to you forfeiting your account’s tax-free status. Over-contributing, holding private business shares in a TFSA, and day trading are all…
When it comes to long-term investing, the Registered Retirement Savings Plan (RRSP) isn’t the only account to consider. While the annual contribution may be much lower, the Tax-Free Savings Account (TFSA) offers long-term investors plenty of benefits. Why should Canadians be maxing out their TFSA? The TFSA is an excellent choice for short-term savings goals,…
Do you fancy yourself a risk-seeking investor? Most people wouldn’t describe themselves that way, but depending on your investment strategy, it might accurately describe you. If you hold relatively concentrated portfolios of highly volatile deep value stocks and early stage growth names, then you probably have a higher risk appetite than most. In this article,…