It’s not uncommon for Canadians to focus on saving when thinking about building wealth. However, the reality is that saving alone usually isn’t enough. In order to grow your money meaningfully over time, you need to put it to work, and that’s where finding the top Canadian stocks on the TSX to buy factors in….
Toronto is apparently in the middle of a condo apocalypse. Rents are sliding, vacancies are ticking up, and more than a few owners are underwater. It’s due to a combination of lower immigration targets, a glut of new supply, and overleveraged buyers with variable-rate mortgages banking on rate cuts that still haven’t arrived. Right now,…
According to MoneySense, the average asking price for a two-bedroom rental in Canada is now $2,293, a brutal 11.3% jump from last year. Canada’s housing market is in rough shape, and maybe, just maybe, another five years of Liberal rule with Gregor Robertson (yes, the former Vancouver mayor) as housing minister could turn things around….
There’s a reason why Canadian real estate investment trust (REIT) stocks are some of the best long-term investments you can buy. Real estate has always been one of the oldest, most dependable, and most proven industries in which to build wealth. And while buying physical property has its place, owning high-quality REITs is one of…
Image source: Getty Images You don’t have to dig too deep in the TSX Index to find truly standout dividend yields. Undoubtedly, there’s more to hunting down dividend plays (or distributions with real estate investment trusts, or REITs) than screening out the names that yield less than some arbitrary figure (let’s say 5-6%). Other factors,…
Optimization is great—until it’s not. Over-tinkering with your portfolio can lead to analysis paralysis and unnecessary drag on your returns, thanks to bid-ask spreads and trading commissions. Sometimes, the best move you can make is to simply do less. That said, I’ve noticed some common mistakes that Canadian investors keep making, especially when it comes…