Can you really transform your retirement starting with just $7,000? It might not seem likely, but if you still have a decade or so to go until you retire, it can be done. $7,000 can grow a surprising amount in 10 years. If you invest $7,000 at a 10% rate of return over a decade,…
Image source: Getty Images Finding the best dividend play of any decade is a difficult task, and that’s in part due to the reality that projecting forward how a given company will perform over any extended period of time is a fool’s (lower-case f) errand (generally speaking). However, I’ve long thought Fortis (TSX:FTS) is a…
With no regular income, seniors fear running out of cash during their twilight years. However, they can overcome this fear by making suitable arrangements to earn steady income streams that can take care of their expenses. With interest rates falling, investing in quality dividend stocks with reliable cash flows and consistent dividend payments would be…
Are you looking to invest a “medium-sized” sum of money — let’s say $5,900? If so, you need to know where you will put that money to work. While it’s tempting to talk to a bank advisor and invest in whatever they recommend, this sometimes results in you being invested in high fee funds. So,…
After the TSX Index rose to new all-time highs last week, it is becoming harder to find Canadian stocks at attractive valuations. During the Trump mini-crash, you could pick up almost any stock and watch it rise from that bottom. However, investing is more challenging today. The stock market appears to be in a no-man’s…
Canadian savers are searching for good TSX dividend stocks to add to their self-directed Registered Retirement Savings Plan (RRSP) portfolios. RRSP holdings tend to be for the long term, so it makes sense to search out stocks that have great track records of dividend growth to drive returns. One popular RRSP investing strategy involves using…
Investors looking to put some capital to work in the Canadian stock market may notice a few things. For one, this is an index that’s pretty resource and financials-heavy. And while there are pockets of opportunity elsewhere, investors broadly look at this market for exposure to these sectors. That’s what makes looking for value so…
When it comes to dividend stocks, their reliability is of utmost importance. After all, we want to know how much income to expect so that we can plan accordingly. Irregular and unreliable income is not the type of income we want. Thankfully, we have dividend champions that can provide us with income that’s predictable, reliable,…
Image source: Getty Images Canadian large-cap stocks (typically stocks with a market cap over $10 billion) can be considered attractive places to park your cash during times of stock market instability. Large-cap stocks have established businesses and large institutional investors. As a result, they tend to be a little less volatile than companies with smaller…
Canadian retirees and other income investors are searching for good TSX stocks to buy for a self-directed Tax-Free Savings Account focused on dividend growth. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) has increased its dividend annually for 25 consecutive years with a compound annual dividend-growth rate of better than 20% over that timeframe. Despite continued…