Mindblown: a blog about philosophy.
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How to Earn $500 in Monthly Passive Income
Investing is a journey that requires careful planning and a clear strategy. One effective approach is to diversify your portfolio while adapting to market momentum. However, for those willing to take calculated risks, there’s an alternative method: reverse engineering your investment goals. Instead of starting with a broad investment strategy, begin by determining how much…
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Exploring Passive Income Beyond Dividends: Embracing AI Stocks
When it comes to investing, many people immediately think of passive income through dividends. However, there’s a broader spectrum of opportunities available, including rental properties, bonds, and peer-to-peer lending. While focusing solely on passive income can provide steady cash flow, it might also mean missing out on potentially higher returns from growth investments. This article…
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Artificial Intelligence (AI) Stocks Soar Following U.S. Federal Reserve Rate Cuts
Market Reactions to the Rate Cut Artificial intelligence (AI) stocks were soaring today in response to the U.S. Federal Reserve’s decision yesterday to cut the benchmark interest rates by 50 basis points. The federal funds rate is now set at 4.75%-5%, with the central bank signaling two additional cuts of 25 basis points each before…
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Maximize Your TFSA: 3 Must-Own TSX Stocks for Your $7,000 Contribution
Statistics reveal a significant gap in how Canadians are utilizing their Tax-Free Savings Accounts (TFSA). A 2023 survey by the Royal Bank of Canada (TSX) highlights that approximately 39% of TFSA holders predominantly invest in cash, and only 13% maintain a diversified mix of stocks, bonds, and exchange-traded funds (ETFs). This lack of diversification could…
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Best Stocks to Buy with $500 Right Now
The TSX Composite Index has experienced significant volatility recently, largely due to ongoing uncertainty regarding the U.S. Federal Reserve’s interest rate cuts and fears of a recession reminiscent of 2008. After a sharp decline of 2.42% in the first week of September, the index rebounded following the Bank of Canada’s announcement of its third rate…
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$108.26 Monthly Passive Income: Invest $15,000 in This Top Dividend Stock
Investors seeking steady income have increasingly turned to monthly dividend stocks as a powerful tool for financial growth and stability. Unlike traditional quarterly dividend payouts, monthly dividends offer a more frequent cash flow, providing a range of benefits for both new and seasoned investors. In this article, we’ll explore why monthly dividend stocks can be…
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Top 3 TSX Stocks on a Rocketing Rise: No Signs of Slowing Down
“Buy low, sell high” is a classic adage in the investment world, but it doesn’t always capture the full picture. Even when stocks are climbing, they can still be a smart investment, thanks to upward momentum. This momentum often signals strong company performance and positive market conditions. Understanding this dynamic can help investors navigate the…
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A Beginner’s Guide to Investing in Stocks: Start with This Index Fund
For Canadians venturing into the world of investing, the array of options can be overwhelming. Among the most straightforward and effective ways to enter the stock market is through an index fund. Index funds offer a simple and low-risk entry point into the world of investing, making them particularly appealing to beginners. What is an…
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Attractive 10% Dividend Yield: A TSX Stock Worth Holding for the Long Term
The global iron ore market is poised for significant growth, driven by escalating demand for steel due to ongoing urbanization and infrastructure development, particularly in emerging markets. As countries like China and India push forward with extensive construction projects and industrial expansions, the need for high-quality iron ore remains robust. Urbanization and Infrastructure Development Emerging…
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Is It Too Late to Buy Fortis Stock?
Fortis (TSX) is widely recognized as a leading blue-chip stock with a reputation for stable and dependable performance. With its extensive portfolio of regulated utilities across North America, Fortis exemplifies long-term reliability and durability, making it a standout choice for conservative investors. Consistent Performance Amidst Market Fluctuations Fortis has demonstrated impressive stability in its earnings…
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