Image source: Getty Images September is right around the corner, and it’s an excellent time to start thinking about your 2024 tax return. Although taxes aren’t due until April of next year, it helps to keep track of your expenses and benefits throughout the year. 2025 will be here sooner than you think, and the…
Image source: Getty Images Ups and downs are an inherent part of the stock market and a natural element of its appeal because, without this movement, there would be little opportunity for investors. However, this also comes with risks that only some are comfortable with. This is why many conservative investors who tend to prioritize…
Image source: Getty Images Canadian dividend stocks pulled back in 2022 and through much of 2023, when the Bank of Canada aggressively raised interest rates to get inflation under control. Market sentiment started to shift last fall from fears of more rate hikes to anticipation of rate cuts in 2024. Oversold TSX dividend stocks have…
For investors looking to dominate the market in August, finding the Best TSX Stocks to buy and load up on during downturns is a great idea. Truth be told, most Canadian stocks have had a relatively strong year, with a number of defensive plays and companies providing meaningful dividend income seeing recent surges, alongside declining…
Image source: Getty Images. Recent rate cuts in Canada and expected cuts to interest rates south of the border in the coming months should provide additional support for TSX dividend stocks that are catching a new tailwind. Investors who missed the rally in the past few weeks are wondering which top Canadian dividend stocks are…
With the second half of the year now well underway, there is plenty of anticipation for what’s to come, especially with interest rates now on the decline in Canada and soon to be reduced south of the border. Higher interest rates have weighed on stocks across various sectors in recent years, meaning a lowering of…
Building wealth inside a self-directed Registered Retirement Savings Plan (RRSP) is possible to do over a short period of time by hitting home runs on volatile stocks, but this is a very risky strategy to undertake with your retirement funds. Another popular approach involves buying top dividend-growth stocks and using the distributions to acquire new…
Canadians find the Registered Retirement Savings Plan (RRSP) a valuable savings tool to secure their retirement, although less than 25% can max out the contribution limits. The data is based on the survey results by Edward Jones Canada regarding the preference for and utilization of the RRSP. However, 49% of respondents still want to contribute…
Image source: Getty Images While Canada boasts one of the richest natural resource reserves globally, I often feel frustrated by the economic strategies shaped by what appears to be shortsighted political decision-making. Instead of capitalizing on these vast resources, our economy heavily leans on sectors like real estate, banking, insurance, and operates just two major…
Image source: Getty Images Whenever you think of investing your money in the Toronto Stock Exchange, one of the main areas of focus long-term investors continue to focus on is dividend stocks. Companies offering stable and consistent dividends over the long term act as bond proxies but with greater capital-appreciation upside potential. Utility stocks are…