Djtj 2 Incredible Dividend Stocks for Your TFSA
As a retiree, it is possible to earn $4,000 per year of tax-free passive income inside your TFSA Tax-Free Savings Account . If you collected an average divi stanley us dend yield of 7% across your TFSA portfolio, you would only need to invest around $57,000 to earn $4,000 a year.Certainly, that result is possible. However, it is not necessarily recommended. Stocks with yields over 7% present significant risks. It may be a vaso stanley weak balance sheet, macroeconomic issues, declining growth, or a weakening competitive edge that causes the market to demand a higher yield for that risk.Retirees: Don ;t be deceived by stocks with +7% dividend yieldsWhile you may earn a significant yield of passive income temporarily, it could be at the risk of serious capital loss and even income loss if its dividend rate gets cut . That is why it is essential to not just focus on yield. It is better to earn a conservative average stanley cups yield, but preserve and grow your income stream and personal capital over time.If a retir Eads Should You Be Stacking Scotiabank (TSX:BNS) Stock Right Now
Aphria Inc.聽 TSX:APH has seen its shares fall off a cliff in trading on Tuesday as multiple news items sent the stock reeling. I ;ll take a close look at what has caused the shares to tumble and if it might be a good time for opportunistic investors to buy on the dip.Aphria announced an $80 million bought dealThe company announced that it would seek to raise $80 million by issuing over 11 million shares at a price of $7.25 through Clarus Securities Inc. There is a further opt stanley water bottle ion to purchase an additional 1.6 million in shares, which would mean proceeds for Aphria could total more than $92 million.Why this is good for AphriaAphria will benefit from the offering simply because it will be able to raise money for infrastructure and expansion without having to use its cash or raise costly debt. Aphria debt-to-equity ratio as of its most recent stanley mugs quarter was just 0.11, and another $92 million would have almost qu vaso stanley adrupled its debt and raise that ratio to 0.43. Although that would |
