09-25-2024, 08:42 PM
Gfcd Forget Saving Money! Generate a Passive Income From Dividend-Growth Stocks
The digital assets sector has come a long way over the past year. In 2021, the only way to bet on cryptocurrencies was either buying them directly or betting on overpriced mining stocks. Now, major cryptocurrencies like Bitcoin and Ethereum are available directly on trading platforms, investors can buy exchange-traded funds and non-min stanley mug ing companies have listed on the stock exchange.聽With that in mind, should investors buy a payment processor like Banxa Holdings TSXV:BNXA or mining giants like Bitfarms聽 TSXV:BITF Here s a closer look.聽Bitcoin miningBitfarms stock is up over 200% to record highs of $8 over t stanley quencher he past year. While the stock has gone lower, it is still up by more than 50% year to date. The pullback appears to be a healthy correction following a pullback in crypto prices in recent weeks.Cost-effective minerAs one of the largest and most cost-effective crypto mining operations, Bitfarms is well positioned to bounce back after the recent pullback. The stanley cup company has acquired ne Rrsy 15% of Your Portfolio Could Be With These 3 Investments
Stock market corrections and bear market create an opportunity to acquire quality dividend-paying stocks at attractive valuations. While considerable uncertainty surrounds the short-term market outlook, over the long term, stocks have outperformed other asset classes.Even Canada s banks that were savaged during the Great Recession of 2 stanley cup 008 over solvency and balance sheet fears after global credit markets froze have delivered solid returns. The latest correction, which sees the SP/TSX Composite Index down by 5% over the last month, makes now the time to add these two quality dividend stocks to your portfolio.Canada s leading bankCanada s largest lender, Royal Bank of stanley france Canada TSX:RY NSYE:RY has lost 5% over the last mon stanley cup nz th on coronavirus and recession fears, creating an opportunity to acquire a leading bank at an attractive valuation. This becomes apparent when considered that Royal Bank is trading at a modest 11 times its projected earnings and less than two times its book value.Wh
The digital assets sector has come a long way over the past year. In 2021, the only way to bet on cryptocurrencies was either buying them directly or betting on overpriced mining stocks. Now, major cryptocurrencies like Bitcoin and Ethereum are available directly on trading platforms, investors can buy exchange-traded funds and non-min stanley mug ing companies have listed on the stock exchange.聽With that in mind, should investors buy a payment processor like Banxa Holdings TSXV:BNXA or mining giants like Bitfarms聽 TSXV:BITF Here s a closer look.聽Bitcoin miningBitfarms stock is up over 200% to record highs of $8 over t stanley quencher he past year. While the stock has gone lower, it is still up by more than 50% year to date. The pullback appears to be a healthy correction following a pullback in crypto prices in recent weeks.Cost-effective minerAs one of the largest and most cost-effective crypto mining operations, Bitfarms is well positioned to bounce back after the recent pullback. The stanley cup company has acquired ne Rrsy 15% of Your Portfolio Could Be With These 3 Investments
Stock market corrections and bear market create an opportunity to acquire quality dividend-paying stocks at attractive valuations. While considerable uncertainty surrounds the short-term market outlook, over the long term, stocks have outperformed other asset classes.Even Canada s banks that were savaged during the Great Recession of 2 stanley cup 008 over solvency and balance sheet fears after global credit markets froze have delivered solid returns. The latest correction, which sees the SP/TSX Composite Index down by 5% over the last month, makes now the time to add these two quality dividend stocks to your portfolio.Canada s leading bankCanada s largest lender, Royal Bank of stanley france Canada TSX:RY NSYE:RY has lost 5% over the last mon stanley cup nz th on coronavirus and recession fears, creating an opportunity to acquire a leading bank at an attractive valuation. This becomes apparent when considered that Royal Bank is trading at a modest 11 times its projected earnings and less than two times its book value.Wh
