Is Brookfield Asset Management Stock a Buy for its 3.2% Dividend Yield?

Brookfield Asset Management (TSX), a leading global alternative asset manager, currently offers a dividend yield of approximately 3.2%. But is this yield sufficient to classify BAM as a worthwhile investment? While this yield may imply a slight overvaluation—having ranged from about 2.9% to 3.8% over the last 12 months—it’s essential to delve deeper into the Continue reading

Down 20% This Stock Is Primed to Soar in 2025 and Beyond

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 Continue reading

A Tax-Free Savings Account (TFSA) Can Be Your Secret Side Hustle Without Ever Leaving the Couch!

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 Continue reading

Manulife (TSX) and CIBC (TSX) Are Up 65% and 60%, Respectively, in the Past 12 Months

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 Continue reading

In 2024, the Average Registered Education Savings Plan (RESP) Balance

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 Continue reading

Valued at $2.4 Billion: Why Brookfield Business Partners (TSX.UN) is a Buy in 2024

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. Continue reading

September’s Top 5 Stocks to Invest In Right Now

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 Continue reading

9 Ways to Declutter or How to Simplify Your Finances?

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. Continue reading