With the TSX Index fresh off three quarters of impressive gains, investors may wonder if it’s worth hanging onto the risk-on names going into year’s end. Indeed, a correction can always punish investors. And with valuations a lot higher than where they stood a year ago, it seems only prudent to ring the register here…
One of the best things about investing in dividend stocks is collecting that juicy income. Investors can take comfort knowing the right picks can ensure those dividends are safe while still offering growth. For those investors looking to ensure those dividends are safe, here is a look at some great options for any portfolio. A…
The federal government introduced the Tax-Free Savings Account (TFSA) in 2009 to reinforce the Registered Retirement Savings Plan (RRSP). However, unlike the RRSP, Canadians of all income levels, or even those without proof of income, can open a TFSA. The after-tax dollar contributions are not tax-deductible, although investment income, capital gains, and interest earned within…
The TSX has me worried. I know, when we look at recent performance, one might wonder why on earth that might be. After all, it has recently hit all-time highs! Yet that’s exactly why I’m worried. At these heights, investors start to get antsy and want to take their earnings. And in an economy that’s…
Canadian savers are searching for top TSX dividend stocks to add to their self-directed Registered Retirement Savings Plan (RRSP) portfolios. With the market near record levels, it makes sense to consider stocks with long histories of delivering dividend growth through full economic cycles. Fortis Fortis (TSX:FTS) is a Canadian utility company with operations in Canada,…
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….
Canadian pensioners and other dividend investors are wondering which top TSX dividend stocks are good to own in a self-directed Tax-Free Savings Account (TFSA) focused on generating reliable and growing passive income. Fortis Fortis (TSX:FTS) has increased its dividend annually for the past 51 years and more dividend growth should be on the way. The…
Retirees and other income investors are searching for good Canadian dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios. With the TSX at a record high and tariffs causing economic uncertainty, it makes sense right now to consider industry leaders with solid track records of delivering dividend growth. TC Energy TC Energy…
Canadian investors are using their self-directed Registered Retirement Savings Plan (RRSP) to build stock portfolios that can provide retirement income to complement the Canada Pension Plan, Old Age Security, and company pensions. One popular RRSP strategy involves buying good dividend-growth stocks and using the distributions to acquire new shares. Dividend reinvestment 101 Investors who reinvest…
Retirees and other dividend investors are wondering which TSX stocks might still be reasonably valued and good to buy for a self-directed Tax-Free Savings Account (TFSA) focused on passive income and total returns. Fortis Fortis (TSX:FTS) trades near $64.50 at the time of writing compared to more than $69 earlier this year. Investors can take…