It’s time like these that many investors might be looking back at when the market was a golden place to be. While the pandemic was absolutely terrible, it did leave many with extra cash on their hands from stay-at-home orders. This cash led many to put it into the market and take advantage of even more growth. Thanks to this, there were many companies that rose to incredible heights. However, many of these companies went through a period of volatility, with some never coming back. Today, however, we’re going to focus on the positive. Let’s look at two pandemic stocks that are still risi ..read more

Last July, the Canada Revenue Agency (CRA) introduced the grocery rebate, a one-time tax credit. The rebate helped millions of households offset the rising cost of groceries, which has spiked in the last two years. According to a report from Statistics Canada, grocery prices rose more than 9% year over year as of April 2023. The grocery rebate was available to individuals with incomes of less than $32,000 or to households with incomes of less than $38,000. According to the CRA, around 11 million Canadians were eligible to receive the payment. To qualify for the rebate, individuals should have ..read more

BCE (TSX:BCE) stock saw its dividend yield finally surpass the 9% level last week as shares sunk just north of $44 per share. Undoubtedly, the yield has swollen a great deal in recent quarters. And though the telecom firm faces no shortage of headwinds, I still think that at some point or another, value-conscious, long-term investors may wish to jump in, even as the losses come in quickly if they seek next-level value. A 9% yield? It can’t be sustainable, right? Indeed, the dividend has grown to become quite a hefty commitment. At the time of writing, the dividend yield may have retreated sli ..read more

Shares of TC Energy (TSX:TRP) were doing quite well and should have continued to do so after hitting the market bottom back in October. However, after rising steadily, the stock saw its shares drop 9% in the last month. So, let’s look at what happened and why this could mean investors are getting a deal. What happened? Investors were less than pleased to learn that TC Energy stock was selling its Prince Rupert Gas Transmission Limited Partnership at the end of March. The company announced it would be selling the gas transmission line to the Nisga’a Nation and Western LNG. The transaction ..read more

Warren Buffett is arguably the greatest investor of all time. Also known as the Oracle of Omaha, Buffett has an enviable track record of identifying quality stocks that beat the broader markets across market cycles. Buffett’s company, Berkshire Hathaway, owns several stocks in multiple sectors that are positioned to deliver inflation-beating returns. Here are three stocks Warren Buffett owns that should be on your shopping list, too. VeriSign stock Valued at US$18 billion by market cap, VeriSign (NASDAQ:VRSN)provides domain name registry services and internet infrastructure, enabling inter ..read more

The idea is simple: you pick dividend-paying stocks, and these stocks pay you regularly. Reinvest these payments back into buying more shares, and the cycle of growth spirals upward. And if you’re picking stocks that not only pay dividends but also grow them consistently, you’re on the fast track. Now, if you’re wondering how this strategy pans out over time, we need to crunch some historical numbers. How long does it actually take for a $20,000 investment in stable TSX dividend stocks to grow to $100,000 through the power of compounding dividends? Let’s do the math. Setting some guidelin ..read more

Publicly traded real estate has been out of favour since interest rates soared, sending discount rates on property portfolios higher since 2022. However, some property portfolios have very little debt exposure, and their rental rates continue to climb higher. Income-oriented investors could buy stakes in high-quality real estate assets at cheaper prices today at pennies to the dollar and create resilient passive-income streams for a happier retirement. Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) is an example of a high-quality Canadian REIT to buy for passive income. It trades ..read more

Stocks are an attractive way to earn passive income. There are several advantages to owning stocks for income rather than other passive income alternatives (like private investment partnerships, investment properties, or multi-level marketing/franchises). Stocks are ideal assets for earning passive income Firstly, stocks are cheap to buy and sell. Some brokerages offer free commissions, and most discount brokerages offer between $5 and $10 commissions to buy and sell stocks. Other passive income alternatives require significant upfront fees (legal, taxes, registration, etc.). Secondly, stocks ..read more

Inflation rates came in for Canada this week, with overall inflation for the country ticking upwards to 2.9% in March. Yet that doesn’t mean every single city saw inflation rise during this time. So let’s see how your city stacked up. The numbers First off, let’s see the results from Statistics Canada for inflation rates. While some Canadian cities saw a rise in inflation, others stayed the same, or even dropped! So let’s see how each city stacked up. City March Inflation Rate (%) February Inflation Rate (%) St. John’s, N.L. 3.8 2.5 Charlottetown-Summerside 2.5 1.3 Halifax 3 ..read more

Canadians likely weren’t all that pleased to wake up and see that national inflation had risen in March. The annual inflation rate ticked higher to 2.9%, which was expected. However, core inflation eased for yet another month, the third in a row! So let’s look at what influenced this rise in inflation, fall in core inflation, and how investors can take advantage. What happened Analysts believed inflation would rise to 2.9% from 2.8% in February, so the results were certainly expected. However, the consumer price index (CPI) rose 0.6%, which marked the largest increase since July 2023. Alt ..read more