Stock Advisor Canada

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 Continue reading

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 Continue reading

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 Continue reading

“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 Continue reading

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 Continue reading

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 Continue reading

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 Continue reading

Canadian Utilities (TSX) has long been a favored option for conservative investors, thanks to its steady dividend payouts and stable performance. However, recent developments suggest that it may not be the optimal choice for those seeking growth. With rising interest rates and increased competition in the utility sector, CU’s growth prospects appear more constrained. The Continue reading

Investing in stocks that have recently dipped but still show a positive trend year-to-date can be like finding a hidden gem on sale. Such stocks may have faced short-term challenges, causing their recent decline, but the overall positive performance for the year suggests resilience and potential for a rebound. This situation is akin to catching Continue reading

A Tax-Free Savings Account (TFSA) is an excellent tool for growing your investments without worrying about taxes on gains. Whether you’re interested in stocks, bonds, exchange-traded funds (ETFs), or mutual funds, a TFSA provides the flexibility to create a balanced and diversified portfolio tailored to your financial goals. In this article, we’ll explore some of Continue reading