The TFSA (Tax-Free Savings Account) is a perfect place to earn and collect income from stocks. There is no other avenue where you can earn regular passive income without any tax consequences. The less tax you pay, the more cash you keep. Why not earn that passive income monthly? Canada has a ton of stocks…
The TFSA (Tax-Free Savings Account) can become an engine of dividend income if you design it that way. When you pay no tax on your income, you can significantly increase the income you keep. It really simplifies your investment process. With the TFSA, there is no reporting of income either when you earn it or…
The TFSA (Tax-Free Savings Account) is a Canadian investor’s best friend when it comes to building a portfolio that generates sustainable income from dividends. Inside the TFSA, no income is taxed. That can save an investor as much as 10-20% (depending on their tax bracket every year). If you are looking to build a cash…
When evaluating whether a stock — or in this case, a real estate investment trust (REIT) — is potentially worth owning, one of the simplest approaches is to compare its performance to a benchmark. For investors focused on either long-term growth or consistent income, Dream Industrial REIT (TSX:DIR.UN) seems to be a decent idea on…
Investors looking to create a low-cost passive-income stream can consider gaining exposure to quality dividend stocks that offer a tasty dividend yield in 2025. In addition to a steady stream of payouts, long-term investors could benefit from capital gains over time. In this article, I have identified three TSX stocks that pay shareholders a monthly…
With just $14,000 in a Tax-Free Savings Account (TFSA), you might not think it’s possible to generate much income. But with a little planning and the right dividend payers, that capital can work a lot harder than you might expect. Instead of going for high-risk flyers or trying to time the market, I’d opt for…
If you’re aiming to build or strengthen your passive income, few options are as appealing as high-yield dividend stocks that pay out every month. These stocks offer steady cash flow, which is deposited into your account every 30 days, rather than every quarter. That more frequent payout schedule can make a meaningful difference, especially for…
Turning $25,000 into $250,000 may sound like a stretch, but for long-term investors focused on monthly dividends and steady reinvestment, it’s very possible. It doesn’t require picking high-risk stocks or gambling on fast gains. Instead, it takes three simple ingredients: solid dividend payers, time, and consistency. By investing in stocks like Dream Industrial REIT (TSX:DIR.UN),…
There’s something nice about a dividend stock that puts money in your pocket every single month. Whether you’re saving for retirement, reinvesting for the future, or just trying to add a little extra to your budget, monthly dividend stocks can offer year-round income with less waiting. Right now, four TSX stocks stand out as solid…
Dividend stocks can be a safe place to hide if you are worried about tariff wars and economic concerns. If you like monthly passive income, real estate investment trusts (REITs) are a good place to look. Firstly, REITs are beaten down and incredibly cheap. In many instances, these stocks are at some of their lowest…