2025 saw a sharp recovery in several growth stocks after April 4, 2025, when Trump’s tariffs on global trade partners first resurfaced. The next major tariff announcement came in August, as the U.S. government allowed Nvidia and Advanced Micro Devices (AMD) to sell chips to China in exchange for a 15% share in revenue from China. Trump tariffs are…
The 2025 Tax-Free Savings Account (TFSA) contribution room of $7,000 could become a good source of monthly passive income. If you want your money to last for a very long time, it is better to invest it in a resilient dividend stock that can help you enjoy a continuous, sizeable income over the long term….
The Tax-Free Savings Account (TFSA) is a great way to build wealth tax-efficiently, as it allows you to withdraw money tax-free. Yet, average Canadians in the 30-34 age group had $59,110 of unused TFSA contribution room, as per Statistics Canada’s 2022 TFSA contribution data. Don’t let your TFSA contribution go unused, as the time spent…
The Bank of Canada has been slashing interest rates at a lightning speed, from 5% in April 2024 to 2.75% in April 2025. No more rate cuts are likely in the short term unless unemployment increases. Lower interest rates will slowly seep into the economy and reduce Guaranteed Investment Certificate (GIC) rates. The highest GIC…
If you want to be rich, you have to think like rich people and give your money time to grow. Rich people don’t pay compounding interest, but earn it. They know the ups and downs of a business. As long as the core business strategy is intact and the management makes the right decisions and…
The stock market undergoes various cycles of dips and rallies. In a given macroeconomic situation, some sectors perform and some don’t. In 2023 and 2024, the technology sector saw a sharp recovery after crashing in 2022. The 2022 crash was driven by accelerated interest rate hikes, which burst the bubble on all overvalued tech stocks….
For an emergency fund, a term deposit is a good option. But for financial security, you need a portfolio that gives income during a crisis and grows your money for those unannounced expenses. This portfolio needs a diversified asset base that can give assured returns in every market cycle. If you invest $50,000 in five Canadian…
You often see investment advisors talking about building a core portfolio or a retirement pool of dividend knights. These are the stocks worth accumulating at every dip or when you have funds to invest. Why are dividend knights so popular in the investing world? How dividend knights help build a growing nest egg Dividend knights…
The fear of recession has been keeping consumers and stock market investors on their toes. The impact of the U.S.-Canada tariff war will gradually start reflecting at the nearest grocery store. Loblaw (TSX:L) is running out of pre-tariff inventory. It has already listed over 1,000 items affected by tariffs, and this list is set to…
Image source: Getty Images The post-pandemic market has been a roller-coaster ride for several blue-chip stocks. Some of the biggest beneficiaries were tech and oil stocks. Meanwhile, Canada’s telecom sector was surrounded by headwinds, with no end to the challenges. Despite the headwinds, one telecom stock continued to grow its market share and profits. However,…