Image source: Getty Images Magna International (TSX:MG) has been cruising through some interesting shifts recently. While the auto parts giant faced some headwinds due to supply chain challenges and rising costs, its recent stock performance has been relatively steady. Investors have been keeping an eye on its focus on electric vehicle (EV) parts, which gives…
Investing wisely is essential. Here’s one golden rule: never put all your money into a single investment. This strategy reduces risk and helps safeguard your capital. While some stocks may seem like golden opportunities, they can also be highly volatile, and in the worst-case scenario, stock prices can plummet to zero. Diversification is key —…
Image source: Getty Images The optimism surrounding the recent rate cuts in the United States and Canada has driven the TSX Composite benchmark to new heights in September 2024. When the stock market is already trading at its highest levels in history, it’s easy for investors to feel like the opportunity to earn solid returns…
Image source: Getty Images Last week, the United States Federal Reserve slashed its benchmark interest rates by 50 basis points. It was the first rate cut in four years, which made investors optimistic. Amid improving investors’ sentiment, the S&P/TSX Composite Index is on an upward momentum and hit a new high yesterday. In this bullish…
Retired income investors shouldn’t wait for the next market correction before jumping into the equity waters. If you’ve got too much cash on hand, it may make sense to do just a bit of buying here and there so that you won’t be left behind should this bull market continue taking the broader basket of…
Image source: Getty Images Forget the bi-weekly paycheck—real freedom comes from earning monthly, tax-free passive income generated by a diverse collection of profitable enterprises that consistently distribute dividends. This way, you earn money while you sleep. You can achieve this level of financial independence with the right exchange-traded fund (ETF), a Tax-Free Savings Account (TFSA),…
Image source: Getty Images. Investing in high-risk growth stocks is not easy for every Canadian investor to stomach, especially after the last few years of full market volatility. However, it was only a matter of time before the stock market would go through a turnaround, and that is exactly what might be on the cards right…
Image source: Getty Images Buying exchange-traded funds (ETF) and holding them in a Tax-Free Savings Account (TFSA) is like getting the best of both worlds. You enjoy the growth or dividends from a diversified portfolio without worrying about taxes eating into your returns. Since the TFSA allows your investments to grow tax-free, every gain you…
Image source: Getty Images Two prominent companies in North America’s airline industry were rocked by dissension regarding labour contracts. Unfortunately, work and production lines at Boeing in the U.S. stopped. The members of the International Association of Machinists and Aerospace Workers went on strike on September 13, 2024, after rejecting the plane maker’s labour offer….
Image source: Getty Images REITs, or Real Estate Investment Trusts, are like a treasure chest for dividend investors, offering some of the juiciest payouts around! By law, these companies must distribute at least 90% of their taxable income to shareholders. Investing in REITs not only gives you a slice of the real estate pie without…