Ssvt 2 Top Canadian Stocks to Buy on the Next Dip
Odds are, if you ;re a Canadian over the age of 18, you ;ve already heard about the Tax-Free Savings Account TFSA . The TFSA is an excellent option to allow Ca
stanley cup nadians to save and invest their money. Then, unlike many other savings accounts that allow investing,
stanley flask you can take out the cash at any time you want.The only main sticking point is the contribution room, especially if you ;re on the younger side. If you were 18 when the TFSA came into existence, this year you have up to $75,500 in contribution room if you ;ve never contributed before . However, if it your first year at 18, that only $6,000 in contribution room.While that a lot of money for some, if you can afford to max out you
stanley cups r contribution room of $6,000 and then some, there is a trick that you and really every Motley Fool investor should know. In fact, anyone can afford to meet that limit through one simple tool.First, create those savingsIf you ;re a younger Fzec Better Telecom Play: Telus Corporation (TSX:T) vs Shaw Communications Inc (TSX:SJR.B)
With there being a wide range of dividend stocks that could be worth buying at the present time, finding the most appealing opportunities may prove to be somewhat challenging.However, by avoiding common mistakes such as tak
stanley thermobecher ing a short-term view, failing to consider the cyclicality of a business and having a portfolio that is concentrated on a small number of stocks, it may be possible to generate higher returns from dividend stocks the long term.Time horizonWhile a high dividend yield in the current year may be very enticing to many investors, considering
stanley thermoskannen how the business may change in the coming years could make the stock more or less appealing from an income perspective.For example, a company may be unable to pay a high dividend at the present time due to investment opportunit
stanley cup ies that are available. They may lead to a step-up in profitability over the long run that eventually leads to a high dividend payout.Likewise, a company may pay out a high proportion of its income as a dividend