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If you have been contributing money to your Tax-Free Savings Account (TFSA) for several years, you should consider investing in some fundamentally strong stocks to grow your hard-earned savings in the long run. Besides the returns you’ll get with appreciation in the share pri...
There are so many TSX stocks at bargain basement prices these days. However, not all of them are cheap. Further, not all of them are great deals that I would buy now and hold forever. Especially as someone that will need to buy and hold stocks for decades, not just a few years. So t...
The Tax-Free Savings Account (TFSA) was launched as an alternative registered account for Canadians back in January 2009. When it first launched, Canadian investors could only contribute $5,000 in the first year of its existence. Annual contributions have shot up and down in the years s...
The TFSA (Tax-Free Savings Account) gives Canadians the flexibility to grow their savings by investing in a variety of instruments. And stock investing could arguably be the best among all available options to grow TFSA wealth. When you invest in some monthly dividend stocks for the...
Canadian investors have moved their attention to dividend stocks during this market downturn. It’s clear to see why. You can look forward to passive income each month, and there are some phenomenal options out there for high dividend yields. However, not all of these dividend sto...
The Tax-Free Savings Account (TFSA) was launched all the way back in January 2009. Since then, it has become a favourite registered account among Canadians largely due to its flexibility. The TFSA can deliver for you in a big way, whether you are on the hunt for growth, income, or a ble...
MARKHAM, Ontario, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) announced that it will report its 2022 third quarter results after market close on Wednesday, November 9, 2022. Nitin Jain, President ...
MARKHAM, Ontario, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “ Common Share ”) for the month of Oct...
The TSX fell to 52-week lows this week, down 14.21% year-to-date and 11% in the last year. And the market could still fall further, according to economists. This comes as U.S. inflation data shows consumers are still spending, and inflation is still rising along with interest rates. Yet...
The stock market selloff is continuing to make Canadian investors wary in 2022. As high inflation has forced central banks in Canada and the U.S. to take aggressive policy measures by rapidly raising interest rates, investors fear that these steps could lead to a recession in the near term....
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The Dow Jones Industrial Average advanced on Monday as investors bet the unsuccessful assassination attempt on former President Donald Trump will lead to big gains for the Republican presidential candidate and the GOP at the polls in November. The 30-stock index came down from its highs of th...
2024-07-15 10:30:00 ET The average TFSA ( Tax-Free Savings Account ) balance at the end of 2023 was roughly $41,000. Let’s see how you can allocate $10,000 and earn $50 in passive income each month tax-free. What is the TFSA and how does it work? The TFSA is a registe...
2024-07-13 09:15:00 ET Canadian investors can use registered accounts such as the Tax-Free Savings Account (TFSA) to create a stable stream of recurring income. The contribution room for the TFSA rose to $7,000 in 2024, increasing the cumulative contribution limit to $95,000. As any ret...