Sophie Wilson

Canadian Utilities (TSX) has long been a favored option for conservative investors, thanks to its steady dividend payouts and stable performance. However, recent developments suggest that it may not be the optimal choice for those seeking growth. With rising interest rates and increased competition in the utility sector, CU’s growth prospects appear more constrained. The … Read more

Investing in stocks that have recently dipped but still show a positive trend year-to-date can be like finding a hidden gem on sale. Such stocks may have faced short-term challenges, causing their recent decline, but the overall positive performance for the year suggests resilience and potential for a rebound. This situation is akin to catching … Read more

A Tax-Free Savings Account (TFSA) is an excellent tool for growing your investments without worrying about taxes on gains. Whether you’re interested in stocks, bonds, exchange-traded funds (ETFs), or mutual funds, a TFSA provides the flexibility to create a balanced and diversified portfolio tailored to your financial goals. In this article, we’ll explore some of … Read more

The most effective and straightforward approach to becoming a successful investor is to identify the highest-quality stocks on the TSX and commit to holding them for the long term. By choosing top-performing stocks in Canada, your portfolio can benefit from the stability and growth offered by well-established companies. These elite stocks typically have strong financials, … Read more

Even a modest investment of $1,000 can significantly impact your financial future, thanks to the power of compounding. Imagine placing $1,000 into a diversified stock portfolio with an average annual return of 7%. After 20 years, that initial $1,000 would grow to approximately $3,870! The beauty of compounding is that it not only grows your … Read more

Top Canadian dividend stocks have consistently provided a reliable stream of passive income, even during times of market instability. Companies such as Bank of Montreal, Scotiabank, and Toronto-Dominion Bank have a long history of paying dividends, with over a century of consistent payouts, underscoring their resilience and dedication to shareholders. Additionally, stocks like Fortis, Enbridge, … Read more