TD Bank is currently trading near $86 per share, down 20% from its 2022 high of $108. Despite a dip to $74 earlier this summer, the stock has shown signs of recovery. Investors who missed the recent rally are now questioning whether TD is still undervalued and a good buy for a dividend-focused portfolio. Recent … Read more
By regularly investing in dividend stocks or growth-focused exchange-traded funds (ETFs), you can let your money grow and generate income— all tax-free! Over time, the returns from your investments could potentially rival the earnings from a part-time job, but without the extra hours. It’s like having your money work for you while you enjoy more … Read more
Investors who missed the rally are now questioning whether MFC stock or CM stock is still undervalued and a good buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio targeting dividends and total returns. Manulife Manulife trades near $40, up from $25 this time last year. This impressive performance … Read more
In 2024, the average Registered Education Savings Plan (RESP) balance for Canadian families is around $30,000. However, this can vary depending on how early the plan was started and contributions made. With government grants and investment growth, many families aim to cover a chunk of their kids’ future education costs. Yet, some balances can be … Read more
Brookfield Business Partners, with a market cap of $2.4 billion, has lagged the broader markets since its IPO in 2016. Despite this, the stock has returned 70% to shareholders over the past eight years when accounting for dividend reinvestments. Currently trading 23% below its all-time highs, 2024 presents a strategic opportunity to buy the dip. … Read more
September often signals a transition for the stock market as it emerges from its summer hiatus. In 2024, North American markets continue to perform robustly, with the latter part of the year expected to be shaped significantly by interest rate changes and political events in the U.S. As we enter the fourth quarter, certain market … Read more
Why Simplify Your Finances? Many of us declutter our homes regularly, but have you considered decluttering your finances? Simplifying your financial life can reduce stress, improve decision-making, and save time. Get Rid of Unnecessary Bills and Expenses Evaluate your subscriptions and insurance plans. Cutting out unnecessary expenses can free up funds for more meaningful uses. … Read more
The recent downturn in major stock indices, including the TSX Composite Index, Nasdaq Composite Index, and S&P 500 Index, can be attributed to weaker-than-expected U.S. jobs data for August 2024. This economic signal has heightened recession fears, impacting investor sentiment and causing a ripple effect across various sectors. In this climate of uncertainty, several stocks … Read more
For income investors who missed the recent rebound in dividend stocks, finding undervalued TSX dividend-growth picks can be crucial for building a high-yield self-directed Tax-Free Savings Account (TFSA) portfolio. Here are some top dividend stocks that might still be undervalued and worth considering. BCE (TSX: BCE) BCE Inc., one of Canada’s largest telecommunications companies, has … Read more
Investing in the stock market can seem daunting, especially if you’re just starting out with a modest amount of capital. Fortunately, exchange-traded funds (ETFs) have made it easier than ever to build a diversified investment portfolio, even with as little as $100. Understanding ETFs: A Simple Investment Solution ETFs are essentially “baskets” of stocks that … Read more