The stock market is not affected by what has happened in the past but by what lies in the future. Hence, when investing in the stock market, look for companies where you can see earnings potential. You can differentiate the company’s stock based on the nature of the business. Some businesses require lower capital and…
Imagine discovering a surprise $5,000 whether it’s a gift, bonus, or perhaps an unexpected inheritance. While the allure of spending it on a vacation or new gadgets might be strong, consider this: investing that sum in a proven growth stock could be the foundation of significant wealth. One such exceptional candidate is Constellation Software (TSX:CSU)….
You thought $1,000 was too high for just one share in 2019. When that share crossed the $2,000 mark in 2021, the previous $1,000 looked cheap. This cycle repeated, and the stock crossed the $3,000 mark in November 2023, the $4,000 mark in July 2024, and is now heading to cross the $5,000 mark. This…
The TSX sometimes allows a stock to supply faster-than-usual capital gains growth without the risk of typical high-growth stocks. Most mainstream tech stocks have given pretty rapid growth but have cratered badly in recent years due to the ups and downs of the overall economic climate. In my view, one Canadian tech stock stands out…
The average Registered Retirement Savings Plan (RRSP) for Canadians aged 65 might surprise some people. It’s estimated to be around $180,000. While this seems like a substantial amount, when stretched over a retirement that could span two decades or more, it doesn’t quite provide the security one might hope for. Most financial experts recommend having…
Even though it’s currently a fraction of its former self, Shopify has set the benchmark for growth for a tech giant in Canada. It dislodged the largest bank in Canada from the position of the most valuable company in Canada, which is something it has maintained for years. While there are stocks that might be…
The smartest stock investments are those you can just buy and hold for years. Why? If you have a company that can persistently compound its earnings per share (and your hard-earned capital), you don’t want to switch in and out. You want that capital to compound upon itself over and over. The less you do,…
Canadian investors have had plenty to cheer about in recent months. The S&P/TSX Composite Index is up more than 10% since June and is now trading just shy of 20% on the year. But with the market at all-time highs today, is now really a good time to be investing? It’s a fair question. For…
When considering long-term investments for your Tax Free Savings Account (TFSA), it’s important to choose stocks that offer stability, growth, and consistent returns. So today, let’s dive into four that are some of the best Canadian stocks to buy. Manulife Manulife Financial (TSX:MFC) is one of Canada’s largest insurance and financial services companies. With a…
Age 54 is a crucial one when you’re planning for retirement. The coming years are your last chance to boost your pension payouts since you’re still working and are probably at the height of your income-earning potential. Taxes are also a factor to consider. The Canada Revenue Agency (CRA) offers several tax-saving instruments, such as…