When building wealth designed to last for generations, you need more than just good companies — you need great compounders. These are businesses with strong fundamentals, proven leadership, and the ability to reinvest profits wisely over decades. While the average investor may chase the hot stock of the moment, long-term wealth builders know the secret…
Despite Canadian and American stock indices trading near all-time highs, there are signs a recession is nearing. The real estate market is cooling, unemployment is rising, and business investments have declined. If you are worried about a recession in Canada, some quality stocks should remain resilient. Here are four kinds of stock investments to consider…
Canada is well known for its plentiful array of dividend stocks. Canadians get a dividend tax credit when they collect dividend income from Canadian stocks. As a result, dividends are more tax-advantaged in Canada than in other countries. While dividends are a tangible cash return, there is no point collecting them if your capital investment…
If you want decades of passive income, you need to find stocks in companies that could produce decades of income. Some of the best places for income are stocks that have predictable businesses that generate lots of cash. This can come from operating assets like pipelines or real estate. It can also come from selling…
Insurance companies have provided safety and comfort for many decades. They provide a safety net for the risks in life that would otherwise prove to be too catastrophic to recover from. So, we keep paying our insurance companies month after month, year after year, for that protection and peace of mind. This is what makes…
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…
The Canadian financial sector is a powerhouse, comprising nearly a third of the stock market. If you invest in solid companies at the right valuation, you can enjoy a reliable stream of passive income and long-term growth. For those ready to invest $5,000, here are five top financial stocks that offer the potential for steady…