Enbridge (TSX:ENB) is up 30% in the past year. Investors who missed the rally are wondering if ENB stock is still attractive and good to buy for a self-directed Tax-Free Savings Account or Registered Retirement Savings Plan (RRSP) focused on TSX stocks that offer high dividend yields. Enbridge share price Enbridge trades near $63 per…
Image source: Getty Images Investors looking to create a reliable passive income portfolio could consider adding dividend stocks with fundamentally strong business models, a solid history of payouts, and the ability to grow distributions. The dividends of such companies are secure, enabling you to earn worry-free income or reinvest. So, if you plan to invest…
The Tax-Free Savings Account (TFSA) is a popular registered account that can help you build long-term wealth and accelerate your retirement plans. In 2025, the TFSA contribution limit increased to $7,000, bringing the cumulative contribution room to $102,000. As the TFSA is tax-sheltered, you can use it to buy and hold quality growth stocks positioned…
It’s been a terrible month for the broad markets, with tariff uncertainties and valuation concerns that seem to be “correcting” before our eyes. Indeed, it’s a scary time to be a new investor or retiree. That said, it’s times like these when most other investors are hitting sell, when it tends to be a pretty…
After an impressive 18% gain in 2024, the TSX Composite Index has started 2025 with a bit of a stumble. It jumped out of the gate with a strong 3.3% gain in January but has since given back 1.9%, leaving the index up just 1.3% year to date. For investors, it’s a classic case of…
The Canadian stock market is going through it right now, with the trade tensions caused by tariffs taking their toll on the economy. The Canadian government is responding to U.S. tariffs on Canadian goods exported to the country by implementing its own tariffs on U.S. goods imported to Canada. In recent weeks, the market has…
Canadians can use the Tax-Free Savings Account (TFSA) to meet short-term financial goals, although it was created primarily for retirement income saving. There are personal stories about financial success through the TFSA. Some users have become millionaires. A million-dollar TFSA goal is ambitious but possible, even starting with $10,000 as seed capital. However, while money…
Image source: Getty Images Figuring out your dividend income is much easier when an investment has a history of steady payouts. Most stocks pay dividends quarterly, with the amount fluctuating based on earnings and board decisions. Ideally, they increase their payout over time, but there’s no guarantee. Some exchange-traded funds (ETFs), like iShares Canadian Financial…
Image source: Getty Images In the world of investing, market corrections can feel unsettling. However, these often present opportunities to acquire quality dividend-paying stocks at more attractive prices. Let’s explore five Canadian companies that fit this bill, and why they look like a great buy right now among dividend stocks. Powerful companies Whitecap Resources Inc….
Investing in the stock market can be a rollercoaster, with markets climbing to new all-time highs one day and dipping by massive margins the next. A harsh economic environment caused by different factors can make the market even more volatile. The ongoing trade tensions due to tariffs being implemented on both sides of the border…