Daniel Kent is long SHOP.TO and GOOS.TOCanadian tech giant Shopify (SHOP.TO) has been taking the TSX by storm lately. Up over 125% in 2019, the company may be able to ride its current momentum to a $500 price point. However, are investors making a huge mistake by purchasing the stock at these levels? What Exactly Does Shopify Do? Shopify is one of the leading e-commerce platforms in the country, and is slowly becoming one of the go to platforms worldwide. Merchants use the platform to grow … [Read more...] about Shopify Stock (SHOP.TO): Is The Tech Giant Overvalued?
I'm sure somewhere along the lines you've heard the phrase "Be fearful when others are greedy and greedy when others are fearful." A famous quote by Warren Buffett, it is a single sentence summation of how to make money in the stock market.Typically where beginning investors go wrong is they tend to focus on the stocks that are going up, not down.Sure, over the long run you need to be picking stocks that are going to increase in price and pay healthy dividends.But the … [Read more...] about Market Reactions Have Made These Three Stocks Cheap
Dividend investing is the heart and soul of most investment portfolios. Not only do we want a steady stream of dividends bolstering our account balance, but we want to see dividend growth. In my opinion, a stagnant dividend is a poor dividend. When I invest in an income company I want to see increasing numbers, year over year. That is why I am such a fan (and owner) of Fortis. A 45 year dividend streak? Yes please. Another benefit that income companies bring to the table is that … [Read more...] about 3 Dividend Stocks You Can’t Overlook For Dividend Growth
We all want to pay the least amount of taxes possible on our belongings. However, the government collects something called capital gains tax on the sale of specific items or securities. Whether you're buying stocks, getting paid interest or dividends, or purchasing real estate, you could be hit with capital gains. In this guide, I'm going to explain everything you need to know about capital gains, and if you'd like to quick jump to a section, simply click a link below:What is the capital … [Read more...] about Capital Gains Tax – The Complete Guide For 2019
If you're looking for one of the best brokerages in the country, Questrade is probably your best choice. Questrade came to fruition in 1999, at a time when almost every broker worldwide was charging a fortune relative to today's prices for their services. Fast forward 20 years later, and they are one of the best managed companies in Canada.Not being part of the big banks was favorable for Questrade. It allowed investors to access a market which was previously a playground for the rich and … [Read more...] about Questrade: Canada’s Best Brokerage for 2020 And Beyond
**Daniel Kent is long FTS.TOCanadian utility stocks are often a staple in Canadian investors portfolios, for a number of reasons.So why do Canadians buy these stocks?For one, they provide stability. Canadian utility stocks operate in a highly regulated environment, one that provides consistent revenues that lead to less surprises. In the end, this lowers the overall volatility of Canadian utility stocks.Secondly, utility stocks often provide excellent dividends. … [Read more...] about The Top Canadian Utility Stocks For 2019
Mutual funds and exchange-traded funds (abbreviated to ETFs) are often lumped into the same broad investment category as a safely diversified and a readily accessible way to invest, particularly for those who may be new to the travails of sensible and informed investment.There are significant differences though, with a range of important implications, both for your financial position and the manageability of your financial life.While a company like Primerica is in a position to … [Read more...] about Mutual Funds vs ETFS: Which Is Better For Canadians?
Canada's lumber industry is imperative to the country's success. As of 2017, according to Natural Resources Canada the industry employed around 210 000 people in 2017, accounted for 7.2% of Canada's total exports and contributed roughly $24.6 billion dollars to the economy.Canada's primary forestry areas are located in Ontario and Quebec. But there are also some areas in Western Canada that attribute to the industries supply.As such, Canadian lumber stocks are a hot … [Read more...] about Canadian Lumber Stocks – 5 Of Canada’s Best Lumber Stocks
Although we primarily focus on individual stocks here at Stocktrades.ca, I feel I would be doing readers a disservice by not going over some of the top Canadian ETFs for 2019. Canadian ETFs have become a staple in many investors portfolios, and for good reason.Canadian ETFs, at least when compared to mutual funds offer significantly lower management fees. You can invest in some Canadian ETFs that have management fees as low as 0.05%, as compared 2.35% of the average mutual fund. Many … [Read more...] about Best Canadian ETFs – Canada’s Top ETFs For 2019
I've learned a ton since launching Stocktrades Premium back in December. With the ability to track over 360 stocks, I'm inevitably going to be able to find some diamonds in the rough, stocks that simply aren't covered that much in the main stream media but provide a ton of promise to prospective investors.Stocktrades Premium Tracks, Screens and Ranks Over 360 StocksGet started with Stocktrades premium todayGet Stocktrades PremiumOver the past week or two, I've … [Read more...] about 3 Stocks You’ve Never Heard Of, But Should Be Looking At