A Smart Way to Use Your TFSA to Effectively Double Your Contribution
Here is the plain truth: most Canadians are wasting their TFSA (Tax-Free Savings Account) benefits. Several Canadians use the TFSA as a savings account and fail to generate inflation-beating returns…
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2 Canadian ETFs I’d Lock Into a TFSA and Never Touch
Investors often understand the importance of compounding in theory, but then interrupt the process in practice. They jump in and out of positions, try to time the market, chase whatever…
This TFSA Stock Pays a 6.7% Monthly Dividend and Is Worth a Look Right Away
Monthly income still gets attention. That’s especially true inside a Tax-Free Savings Account (TFSA), where investors can collect cash without worrying about tax on eligible withdrawals. In a market where…
TSX Today: What to Watch for in Stocks on Monday, June 22
Canadian stocks continued to slide for a third consecutive day on Friday as the U.S. Federal Reserve’s updated economic projections, indicating elevated inflation and a slower path toward rate cuts,…
How to Build a Paycheque Portfolio With 2 Stocks That Pay Monthly
Are you looking for a passive income that feels like a regular paycheque? Monthly dividend stocks can help make that goal a reality. While only a handful of Canadian companies…
Here’s the Average Canadian TFSA and RRSP at Age 35
Not a lot of people start thinking about their retirement plans until they turn 35, and they start wondering about the bigger financial questions. Have you been saving enough? Should you…
After closing 1,000 restaurants, seafood chain sees clear sailing
Sometimes, a business has to get smaller in order to grow, or at least that’s what executives including Wendy’s CFO Ken Cook say when they’re explaining closing locations. “We’re focused…
Discontinued Mountain Dew soda quietly returns to select stores
When a manufacturer discontinues a product, it knows it’s running the risk of alienating some customers. When Coca-Cola killed, TaB, its first diet cola, the chain angered a dedicated fanbase…
7-Eleven offers cheaper gas than Costco, Kroger, and Sam's Club
7-Eleven doesn’t charge a membership fee, but it’s being very aggressive with gas discounts. The national convenience store chain’s latest aggressive gas price deal comes as prices at the pump…
Bath & Body Works Ditches 90s Nostalgia in Gen Z Pivot
Those of us who grew up in the ’90s and early 2000s likely have a specific mental image of Bath & Body Works: country-style storefronts, woven baskets overflowing with lotions…
1 Magnificent Canadian Dividend Stock Down 39% to Buy and Hold for Decades
Let me cut to the chase. Constellation Software (TSX:CSU) is the kind of Canadian compounder you buy on a dip and forget about for 10 or 20 years. The TSX…
3 Canadian ETFs Soaring Upwards to Buy Now for a TFSA
Individual stocks offer higher profit potential, although the risk of losses is equally high. The market is sensitive to so many factors that price fluctuations, sometimes wild swings, are a…
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