With Canadians facing rising costs and tighter budgets, many are rethinking how to grow their savings. That makes the idea of building a cash-pumping Tax-Free Savings Account (TFSA) more appealing than ever. If I had $10,000 to work with today, I’d aim to build a portfolio that offers regular, reliable income without a lot of…
Canadians are more concerned than ever about their financial futures. According to a recent BMO Real Financial Progress Index survey, worries about the cost of living jumped to 78% in April 2025, up from 61% in March. Inflation fears also rose by 16 points, with 76% of respondents saying they felt more concerned. Add in…
The oil and natural gas industry is a major source of government revenues and a vital part of Canada’s economy. Based on data from the Canadian Association of Petroleum Producers, the sector accounted for 3% of the country’s gross domestic product (GDP) in 2024. Moreover, oil, natural gas, and refined products account for approximately 20%…
If you’re aiming for consistent monthly income from your Tax-Free Savings Account (TFSA), structuring it carefully can make a big difference. With $14,000 to work with, I’d build a simple yet reliable portfolio of Canadian stocks and exchange-traded funds (ETF) that are known for steady monthly payouts. This approach isn’t about chasing risky yields, it’s…
With interest rates still up there, a lot of investors are looking for ways to get a reliable monthly income. One interesting option on the TSX is Freehold Royalties (TSX:FRU). It offers an attractive combination of a high yield and getting paid every month. That’s like a regular cheque coming in! So let’s look at…
Freehold Royalties (TSX:FRU) is a dividend stock that deserves attention, especially by investors looking for reliable monthly income. With a current dividend yield of approximately 8.3%, Freehold offers an attractive payout. And it operates in a sector that continues to benefit from stable energy demand. As an energy royalty company, Freehold doesn’t drill or operate…
Investing your hard-earned money into stocks that can provide you with attractive passive income is one of the best ways to grow your savings toward your goal of retirement or financial freedom. Furthermore, when you buy stocks that pay you monthly rather than quarterly, you can put that money back to work much quicker, taking…
Image source: Getty Images Royalty stocks can be a fantastic addition to your investment portfolio, offering a steady stream of income with relatively low risk. Investors in royalty companies often enjoy impressive yields. That’s thanks to the business model of receiving ongoing royalties from companies that produce or extract resources. Plus, these companies typically have…
Image source: Getty Images Investors looking to boost their portfolios’ passive-income streams may find great high-yield bargains on some of the best dividend stocks in Canada today. Even if one has limited free funds to invest in June 2024, Pizza Pizza Royalty (TSX:PZA) stock, Alaris Royalty Partners Income Trust (TSX:AD.UN) units, and Freehold Royalties (TSX:FRU)…