Retired Canadians with an extra $5,000 or so to invest may not wish to wait around for volatility to settle before putting new money to work. Indeed, it’s times like these, when markets could be up or down by well north of 1% on any given day, that some of the best bargains are to…
Image source: Getty Images It’s been a good year for Canadian investors so far. The S&P/TSX Composite Index is up close to 10% in 2024. And that’s not even including dividends, either. The market as a whole did see a pullback last week, though, spooking some short-term investors. There’s been no shortage of volatility over…
Image source: Getty Images Creating a passive-income stream can boost your financials by providing an alternative source of income. High-quality dividend stocks are a top choice for investors looking to build a secure passive-income stream. These fundamentally strong companies have the potential to maintain and even increase payouts consistently, regardless of market conditions. With this background,…
Image source: Getty Images For new investors, there’s a game-changing way to invest with minimal cost – $0 trading fees on platforms like Wealthsimple. By avoiding hefty fees, you can boost your investment returns. Here are three TSX stocks I’d snap up in a heartbeat today. Why TD Bank stock is a must-buy right now…
Image source: Getty Images Contrarian investors seek out quality stocks that have fallen out of favour with the market but have sound core businesses that should recover. Buying undervalued stocks takes courage and requires patience. Cheap stocks often get cheaper before the bounce. However, the strategy can also deliver attractive long-term gains. TD Bank TD…
Image source: Getty Images With its ability to yield consistently positive returns for investors year after year, Toronto-Dominion Bank (TSX:TD) has been one of the most attractive Canadian bank stocks for decades. However, in recent years, the bank’s shares have faced downward pressure due mainly to unfavourable lending conditions amid a higher interest rate environment….
Image source: Getty Images. TSX bank stocks, including Toronto-Dominion Bank (TSX:TD), have trailed the broader markets in the last two years. Investors and analysts are concerned that rising interest rates, inflation, and a sluggish macro economy would result in higher loan defaults across verticals. Additionally, higher interest rates generally translate to a tepid lending environment, resulting in lower…
Image source: Getty Images Buying quality TSX stocks on big pullbacks takes courage and requires the patience to ride out additional downside, but the strategy can also deliver meaningful long-term total returns when market sentiment shifts. TD Bank TD (TSX:TD) trades near $80 per share at the time of writing compared to $108 in early…
Image source: Getty Images Toronto-Dominion Bank (TSX:TD) and Royal Bank of Canada (TSX:RY) are the heavyweights of Canadian banking. As the nation’s largest companies by market cap, they make up outsized percentages of Canadians’ portfolios. In this article, I will explore the two big banks side by side, so you can decide which is the…
Do you want to earn tax-free savings account (TFSA) income that the Canada Revenue Agency can’t tax? It’s not the hardest thing in the world to do, but there are some mistakes that can lead to you forfeiting your account’s tax-free status. Over-contributing, holding private business shares in a TFSA, and day trading are all…