canadian

One key factor in successful investing—apart of course from picking good stocks (or ETFs that invest in those stocks)—is to diversify your portfolio.


Our main suggestion would be to make sure that your holdings are always well-balanced among most if not all of the five economic sectors—Manufacturing, Consumer, Utilities, Resources, and Finance.


That way, you avoid overloading yourself with stocks that are about to slump simply because of industry conditions or changes in investor fashion.


By diversifying across the sectors, you also increase your chances of stumbling upon a market superstar—a stock that does two to three or more times better than the market average....

This month we feature a very high-yielding financial services ETF from Hamilton Capital Partners, and a top-performing North American value equity ETF from RBC.


HAMILTON CANADIAN FINANCIALS YIELD MAXIMIZER ETF $13.12 (Toronto symbol HMAX) invests in the top 10 Canadian financial services companies as measured by their total market value....
We think that most Canadian investors should hold the bulk of their portfolios in high-quality, dividend-paying Canadian stocks (or ETFs that hold those stocks). We also feel that virtually all Canadian investors should have, say, 20% to 30% of their portfolios in U.S....
CANADIAN TIRE CORP., $144.81, Toronto symbol CTC.A, is a buy.

Investors benefit from the company’s 503 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....


Most precious-metal stocks dropped, along with the market, in March 2020. They then quickly reversed that trend to soar for investors, in part because of gold’s appeal as a “safe harbour” in times of economic uncertainty. In fact, in August 2020, gold jumped to over $2,000 U.S....
Diversification, investment quality, and a focus on dividends are key when you’re wondering, “how do I start investing in stocks?”
PROCTER & GAMBLE CO., $147.16, New York symbol PG, is a top pick for 2023.

The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).

Procter has paid shareholder dividends for 133 years and has increased its payout annually for the past 67 years....
CANADIAN PACIFIC KANSAS CITY LTD., $96.50, Toronto symbol CP, is your #1 Conservative Buy for 2023.

The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed the acquisition of U.S.-based railway Kansas City Southern.

CP paid $31 billion U.S....
Shares of Pembina Pipeline dropped to $26 at the onset of COVID-19 lockdowns, but they have now rebounded to pre-pandemic levels. We feel the stock will keep moving higher over the next few years, as new projects fuel a growth in cash flow. That higher cash flow will also let Pembina keep raising your dividend.


PEMBINA PIPELINE CORP....
ISHARES CORE MSCI CANADIAN QUALITY DIVIDEND INDEX ETF $23 (Toronto symbol XDIV; Units o/s: 34.0 million; Market cap: $782.0 million; Dividend yield: 4.5%; www.blackrock.com/ca) aims to invest in Canadian stocks with above-average dividend yields and steady or increasing dividends....