Image source: Getty Images Having saved up $5,000 from your working income, you are now considering investing it in stocks through your Tax-Free Savings Account (TFSA). The current market situation is offering a range of value stocks trading at hefty discounts you could consider buying in August. Three stocks to buy in August Famous value…
Image source: Getty Images The last three years have been a roller-coaster ride for businesses, adjusting to the changing consumer trends and escalating capital costs. It was a challenging time for average Canadian households and retirees tackling high grocery prices. Amid such uncertainty, one realizes the need for some reliable sources of income. Stocks of…
Image source: Getty Images Investors seeking stable income can turn to Canadian dividend-paying stocks. Thankfully, the TSX has a range of companies with attractive dividend yields and solid fundamentals to sustain their payouts in the long term. In this article, I’ll discuss three cheap Canadian stocks that are offering at least a 6% yield. These…
BCE (TSX:BCE) and TELUS (TSX:T) are two behemoth Canadian telecom stocks with gigantic dividend yields right now, which mesmerize income investors. Which is a better buy today? Let’s find out. Dividends The big dividends, which the big Canadian telecoms have increased for years, are surely one massive attraction for investors. At $48.08 per share at…
Over the last year, we’ve already begun to see rapid innovation in AI technology and, consequently, a massive rally in many AI stocks. With so much competition in the space and the race for companies to build out their technology or adapt others’ technology to improve efficiency, it’s clear that the potential AI offers cannot…
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 Canadian savers who missed the rally off the 2020 market crash are getting another chance to buy great Canadian dividend stocks at undervalued prices for a self-directed Registered Retirement Savings Plan (RRSP) focused on high yields. Bank of Nova Scotia Bank of Nova Scotia (TSX:BNS) trades near $63.50 per share compared…
Image source: Getty Images Despite another year with so much uncertainty in the economy and interest rates still well off their lows, many high-quality Canadian stocks continue to find ways to grow their businesses and offer dividend hikes to their shareholders in 2024. This is crucial for a few reasons. Firstly, it’s important for investors…
Image source: Getty Images Beginners’ luck might have worked for many in the stock market, but it won’t always. Short-term gains might earn you a few thousand dollars, but only the long-term investors make it to the billionaire leagues. Beginning early can give you the advantage of a longer investment horizon. Five Canadian stocks for…