Today, $7,000 is not an ordinary figure and is significantly popular among Canadians. The amount matches the annual Tax-Free Savings Account (TFSA) contribution limits for 2024, 2025, and 2026. If used to start investing in income-generating assets, such as stocks, the money can grow tenfold. Given that TFSA earnings from capital gains and dividends are…
When markets start to slide, it’s easy to want to run for cover. But some of the best deals happen during those uneasy moments. And on the TSX today, there are still great companies trading at steep discounts, offering long-term investors a chance to scoop up quality names with attractive dividends. Let’s look at three…
Finding value in any market is what every investor should be after. Indeed, stocks are on a tear right now, with the Canadian TSX still hovering around all-time highs. Thus, identifying truly undervalued stocks in such an environment may seem more difficult than ever. In some sense, I think this is right. But there continue…
When oil prices rise, Canadian energy stocks tend to attract more attention, and for good reason. These energy stocks often have strong cash flow, high dividends, and the kind of global exposure that benefits from rising crude. Right now, two of the biggest names in the sector are Suncor Energy (TSX:SU) and Canadian Natural Resources…
Suncor (TSX:SU) rallied 20% off the April low over the past two months. Investors who missed the bounce are wondering if SU stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on dividends and total returns. Suncor stock price Suncor trades near…
Got $2,000 to invest this month? That should be more than enough to get you started on the TSX today. While a lot of investors think you need tens of thousands to begin with, the truth is, with the right picks, even a small sum of money could go a long way – especially when…
There is always value to be found in the stock market, even when the broader market has a bullish trend. As of this writing, the S&P/TSX Composite Index, which is the benchmark for the Canadian stock market, is nearing new all-time highs. The index is up by almost 17% from its low on April 8,…
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,…
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…
The Toronto Stock Exchange (TSX) set a new all-time high last Tuesday. Closing at 26,029 points, it was slightly up from Friday’s close, which itself was headline-grabbing. The TSX’s all-time high might have grabbed headlines because the milestone contrasts sharply with the performance of the U.S. indexes this year: the NASDAQ is down and the…