Abrb 2 Stocks Ready for Dividend Hikes in 2024
It s important for all investors to diversify their portfolios. This is also true within a Tax-Free Savings Account TFSA . By diversifying your holdings, you can provide more stability to your por vaso stanley tfolio in the event that one country s economy experiences a prolonged downturn. Luckily, there are outstanding companies that Canadians can invest in that tra stanley cup de in the U.S. In this article, I ;ll discuss two stocks trading in the U.S. that I hold in my own portfolio. I don t see myself selling stanley cup these stocks anytime soon and hope to continue buying shares in the future.My favourite stock in the worldIf I could only buy one stock for the next 10 years, it would be Sea Limited NYSE:SE . This is a Singapore-based company which trades in the United States. Its business is divided into three segments.The first is Garena, which develops and publishes mobile games. Garena has also sponsored large e-sports tournaments in the past and is one of the most recognized brands in that space. Sea Limite Pynp Get Big Passive Income From These Renewable Energy Kings!
If you ;re one of less than half of Canadia stanley thermos mug ns who ;ve been regularly contributing the maximum amount to their TFSAs every year while immediately using the proceeds to invest in equities, you ;re probably sitting on a TFSA that past the six-figure mark.And if you ;ve yet to hit the milestone, you may stanley drinking cup be too c stanley cup quencher onservative for your own good or may have made too many TFSA withdrawals. In any case, you shouldn ;t fret, because the TFSA is still in its early days, and there are still decades ; worth of tax-free compounding that can allow you to make up for lost time.In this piece, I ;m going to assume a TFSA of $100,000, a conservative estimate for investors who have been using their TFSAs to invest in high-return investments like stocks.With such a TFSA, a $600/month tax-free income stream can be created with high-yield ETFs like BMO Canadian High Dividend Covered Call ETF TSX:ZWC , a diversified mix of high-yield Canadian dividend stocks that are