If you love the idea of getting paid every single month, a high-quality monthly dividend stock can be the foundation of a reliable passive income stream. One Canadian real estate investment trust (REIT) is quietly crafting a compelling reputation among income investors. Plaza Retail Real Estate Investment Trust (TSX:PLZ.UN) pays a 6.3% distribution yield and,…
Dividend stocks are the strength of the Canadian stock market. Several businesses that have stood the test of time, withstood crisis, and expanded with robust debt management have emerged as dividend stalwarts. Most dividend stalwarts rode the bull rally after four years of a bear run, diluting their dividend yields. However, one TSX stock still…
Building a bulletproof Tax-Free Savings Account (TFSA) portfolio naturally takes some time and commitment on the investor’s part. Some aspirational growth investments may take a while to shoot off. So balancing them with some income-generating assets could prove desirable as you wait for your growth stocks to gain compounding momentum. Dividend-paying stocks that drop regular…
Celestica (TSX:CLS) stock is down 13% in May, as shareholders book profits after a 55% rally in April. This dip is an opportunity to grab this magnificent Canadian tech stock as it rides the artificial intelligence (AI) rally. At $494, the stock might look a bit expensive as the price-to-earnings ratio is 43 times. But…
A Tax-Free Savings Account (TFSA) can be your savings vault that can unlock a million-dollar treasure for which you don’t have to pay any tax. If you study the benefits the Canada Revenue Agency (CRA) offers through a TFSA, you can unlock its true potential and multiply your wealth. Source: Getty Images Maximum TFSA impact…
The March 2026 sell-off in the market sent the TSX60 Index down 7.7% and the Nasdaq down 8.6%. Gold stocks, financial stocks, grocery stocks, and technology stocks declined, while energy and real estate stocks rose. The U.S.-Iran war diluted the impact of the U.S. tariff repayment triggered by the Supreme Court ruling. While the market…
Income investors love a predictable monthly payout. BTB Real Estate Investment Trust (TSX:BTB.UN) has delivered uninterrupted income distributions for 19 consecutive years. With a freshly declared distribution yielding a too-good-to-be-true 8.2%, the question on every yield hunter’s mind could be obvious: Is this monthly payout built to last, or is it a yield trap? A dividend yield…
“Investing and stocks have never been my thing,” reflects Laureen, an investor coming from a branding job. She has been an invaluable asset to her company. Her clients loved her ideas as she gave justice to the product. A millennial who made a successful career in a big firm is now looking to start investing….
This year, energy stocks gained in the first half as the Iran war created an energy shockwave like that of the February 2022 Russia-Ukraine war. Taking a leaf from the past, gold mining stocks surged from July 2022 to March 2023 even when the US Fed increased interest rates. The history could repeat itself, and…
If there’s ever an opportunity to rename one of Canada’s financial-freedom enhancing wonders of 2008, the Tax-Free Savings Account (TFSA) would be best rebranded into a Tax-free Investment Account. That way, most investors’ focus may shift from the “Tax-Free Savings” part to zoom into the massive investment opportunity the tax-advantaged account has become for savvy…