Are you looking for high monthly income from your investments? Whitecap Resources (TSX:WCP), a Canadian oil-weighted producer, might be flying under your radar. While energy stocks are often seen as volatile and more suitable for trading than income, Whitecap Resources breaks this notion with a hefty 7.6% dividend yield — paid in cash every single … Read more
Simply setting aside some money each month and hiding it under your mattress might seem like a safe way to save for your retirement nest egg. However, any money that you leave idle simply cannot retain its value, let alone grow more valuable over time. Why? Inflation will deteriorate the value of that money. Persistently … Read more
Canadian investors should consider holding quality dividend stocks in their TFSA (Tax-Free Savings Account) to benefit from a steady stream of passive income and long-term capital gains. Moreover, these returns, if generated in a TFSA, are exempt from Canada Revenue Agency taxes. The TFSA contribution room in 2025 has increased to $7,000, bringing the cumulative … Read more
