Shay TSX Today: What to Watch for in Stocks on Thursday, December 9
The Tax-Free Savings Account TFSA is one of the best, if not the best, investment vehicle for income-focused investors
stanley cup and wealth-builders. Its most remarkable feature is that all income earned inside the accou
stanley cup nt from income-producing assets like stocks is safe and secure from taxation.Users can meet short- and long-term financial goals or even aim for a specific amount of tax-free income. For example, making $1,000 monthly from a TFSA is possible, but not instantly. The Canada Revenue Agency CRA sets some boundaries for accountholders, including annual contribution limits.The catchProducing $12,000 in annual dividends requires a significant amount of capital. To generate $1,000 every month, you must own $240,000 worth of shares that yield 5%. Assuming the dividend is 4%, the investment amount must be $300,000.聽Unfortunately, you can ;t make a substantial upfront investment in a TFSA due to the annual contribution limits. Assuming the annual contribution limit i
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Ideally, I would love to buy high-quality, dividend-growth companies only when they re undervalued. However, not all market conditions allow for that scenario. In today s relatively high stock market, investors must be selective about what they buy.For safer investing, here are three stock-investing New Year s resolutions that you can consider
stanley cup in this soaring stock market going into 2018.Buy quality companiesQuali
stanley thermobecher ty companies generate stable earnings and cash flow most of the time. When a black swan occurs and the market falls hard, these are the companies that will experience less volatility.For example, Fortis Inc. TSX:FTS NYSE:FTS is largely composed of regulated asse
stanley cup ts, which generate predictable returns and growth. Its earnings per share have grown over the long term, although though there were occasional small dips.Don t overpayFortis five-year normal price-to-earnings multiple is about 18.8, so one could say the stock is fairly valued today. At under $46 per share, Fortis tr
