CIBC Just Put a $17.50 Target on This Homegrown Oil Stock
An analyst target can make a stock look as though it comes with a destination already programmed. Buy here, arrive there, collect the difference. If only oil prices were willing…
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Category: Stock
Brokerage Account Basics: What Canadian Beginners Should Look For
Picture a 25-year-old in Torontonian with her first paycheque, who wants to invest in the stock market. She opens her laptop, asks ChatGPT for recommendations, gets a dozen platform options,…
Maxed Out Your TFSA? The Account Where Canadian Dividends Are Taxed Less
Maxing your Tax-Free Savings Account (TFSA) doesn’t mean you have to stop investing. A regular taxable investment account can hold additional savings, and eligible Canadian dividends receive a tax credit…
Turning 60 in 2027? Taking CPP Early Shrinks Your Cheque 36%
Taking Canada Pension Plan (CPP) payments at 60 gives you five extra years of cheques. It also locks in a smaller age-adjusted payment than starting at 65. The decision deserves…
The TFSA Withdrawal Rule Every Canadian Should Know
A Tax-Free Savings Account (TFSA) gives you a lot of flexibility, but that flexibility can also lead to mistakes. You can withdraw money whenever you want without paying tax, which…
The Ideal TFSA Stock: A 5.9% Yield-Paying Constant Cash
A Tax-Free Savings Account (TFSA) is a powerful tool for long-term wealth creation, letting investors earn tax-free dividend income and capital gains on eligible investments, up to their available contribution…
A Weak Jobs Report Could Change Your GIC Decision: Here’s What I’d Do
Renewing a guaranteed investment certificate (GIC) is one of those financial decisions that can feel virtuous simply because it’s boring. Therefore, it feels safe, right? Well, not exactly. A jobs…
Enbridge vs. Telus: The Dividend Stock I’d Put $10,000 Into Today
What would you do with $10,000 if your goal were to generate reliable dividend income? You’d keep an eye on both Enbridge (TSX: ENB) and Telus (TSX: T) stocks for…
2 Canadian Dividend Stocks I’d Buy and Hold for Life
The idea of holding a stock for life only works if the business you are investing in can keep changing with the world around it. Simply put, more than a…