You don’t need a lot of capital in your TFSA (Tax-Free Savings Account) to grow a substantial portfolio. Inside the TFSA, all the income you earn is tax-free. As a result, you can compound your wealth so much faster than in any non-registered account. Even $14,000 can become a huge TFSA sum The government doesn’t…
The Tax-Free Savings Account (TFSA) contribution limit rose $7,000 in 2025. That is $7,000 that can grow without any tax implication. While it isn’t a huge amount, it is powerful. The TFSA can save you thousands of dollars Just $7,000 compounded tax-free at a 10% annual average rate could be worth over $18,000 in 10…
This year, some interesting trends are shaping up. While Trump tariffs did make the headlines, the large-cap stocks dependent on exports showed a moderate decline. However, it is better to not be too optimistic and diversify your portfolio across defensive stocks or stocks with global outreach. Another interesting perspective is to use a contrarian approach…
Despite being a relatively small economy (at least compared to the U.S.), Canada has produced some exceptional businesses. Luckily for Canadians, there is no shortage of Canadian stocks that have delivered strong compounded returns over both the short and long term. Stocks that have a great record of performance tend to have a secret sauce…
2025 could see a structural shift in Canadian stocks as the Bank of Canada cuts interest rates to boost consumption. The government has also reduced immigration targets to ease house prices. Moreover, Trump tariffs could create short-term tensions in export-led sectors, especially automotive. How to optimize Canadian investments for 2025 Navigating these macroeconomic factors, you…
Many Canadians build their retirement wealth through active and passive investing. While active investors are relatively few, the majority of investors take the “buy-and-hold” approach. For those investors, looking into factors beyond return potential in any stock they intend to buy is critical. Most importantly, they have to look into the resilience of a particular…
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…
Emerging artificial intelligence (AI) stocks can be some of the most compelling investment opportunities today. These companies often combine cutting-edge technology with rapid growth potential, making them appealing to those looking to capitalize on future trends. AI is transforming industries such as healthcare, logistics, and manufacturing, allowing businesses to operate more efficiently, reduce costs, and…
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…
Delays in the Bank of Canada’s decision to cut interest rates and their potential impact on the economy kept stock investors worried in the second quarter of 2024, leading to a 1.3% quarterly decline in the TSX Composite benchmark. Nonetheless, the Canadian central bank’s decision to slash interest rates in the last two meetings and…