09-26-2024, 05:08 PM
Ashy Buy the Pullback: 2 Top Canadian Dividend Stocks to Own for TFSA Passive Income
Finding the right mix of investments to add to your portfolio takes time. Some of those right investments to buy can be seen as no-brainer stocks that belong in every portfolio.Here s a look at two of those no-brainer stocks and how you can get started with just $500.This is one of the no-brainer stocks you need to buy and forget aboutOne of the best long-term, no-brainer stocks that every seasoned and new investor should consider right now is Fortis TSX:FTS .Fortis is one of the largest ut stanley mug ility stocks on the market. Utilities are bound by long-term, regulated contracts to provide their services. Often, stanley cup those contracts can span decades in duration.This means that utilities like Fortis stanley cup generate a reliable revenue stream. That revenue stream leaves plenty of room for investing in growth and paying out a juicy dividend.Utilities like Fortis are often stereotyped as investments that lack the ability or desire to invest in growth. Fortunately, Fortis breaks that stereotype. The company has Ollf 2 Promising Growth Stocks to Buy in December 2022
It amazing the difference just a few weeks makes.Back in January, the TSX Composite dipped below 12,000 for the first time since 2013. Oil was below $30 per barrel. Canada banks were seemingly about to cut their dividends because of exposure to risky loans. And a weak Canadian dollar was threatening to wreak havoc on any company that impo stanley bottles rted a meaningful amount of anything from China.Two months later, the market has seemingly forgot about all of that, even though these risks haven ;t really gone away. Oil has recovered to $40 per barrel, but that still isn ;t high enough for many Canadian energy producers to avoid bankruptcy. Loans to oil-rich areas are still something that keeps bank execs up at night, never mind Canada housi stanley thermos mug stanley website ng bubble. And while our currency has recovered, it still not enough for many importers.This isn ;t to say we ;re heading forč˝another 25% decline, because I don ;t think there any reason to be that
Finding the right mix of investments to add to your portfolio takes time. Some of those right investments to buy can be seen as no-brainer stocks that belong in every portfolio.Here s a look at two of those no-brainer stocks and how you can get started with just $500.This is one of the no-brainer stocks you need to buy and forget aboutOne of the best long-term, no-brainer stocks that every seasoned and new investor should consider right now is Fortis TSX:FTS .Fortis is one of the largest ut stanley mug ility stocks on the market. Utilities are bound by long-term, regulated contracts to provide their services. Often, stanley cup those contracts can span decades in duration.This means that utilities like Fortis stanley cup generate a reliable revenue stream. That revenue stream leaves plenty of room for investing in growth and paying out a juicy dividend.Utilities like Fortis are often stereotyped as investments that lack the ability or desire to invest in growth. Fortunately, Fortis breaks that stereotype. The company has Ollf 2 Promising Growth Stocks to Buy in December 2022
It amazing the difference just a few weeks makes.Back in January, the TSX Composite dipped below 12,000 for the first time since 2013. Oil was below $30 per barrel. Canada banks were seemingly about to cut their dividends because of exposure to risky loans. And a weak Canadian dollar was threatening to wreak havoc on any company that impo stanley bottles rted a meaningful amount of anything from China.Two months later, the market has seemingly forgot about all of that, even though these risks haven ;t really gone away. Oil has recovered to $40 per barrel, but that still isn ;t high enough for many Canadian energy producers to avoid bankruptcy. Loans to oil-rich areas are still something that keeps bank execs up at night, never mind Canada housi stanley thermos mug stanley website ng bubble. And while our currency has recovered, it still not enough for many importers.This isn ;t to say we ;re heading forč˝another 25% decline, because I don ;t think there any reason to be that
