rrsp

The high rewards of aggressive growth stocks come with high risks

Savvy value stock investors know that many offer dividends with high yields, but not all such dividends are secure.

Many investors wonder how often they should sell investments they own and buy new ones. The answer is simple: Do it as rarely as possible. That’s because portfolio turnover cuts into your profits. You face three main costs every time you buy and sell a stock:

1....

Top dividend stocks offer many benefits for Canadian investors—including the dividend tax credit

There are many ways to invest in gold. But we think the best gold stocks are your safest bet.

We recommend that gold investments only make up a limited portion of your portfolio’s resources segment.


However, if you want to hold gold shares, then here are some tips to help you pick the best gold stocks on the market.

Hidden value, explosive profits Big gains often rise from hidden value....

A: We’ve long advised holding 20% or more of your portfolio in U.S. stocks. We see exposure to U.S. stocks, and the U.S. dollar, as a valuable form of diversification. It also gives you a hedge against a drop in the Canadian dollar, especially if you hold your stocks in a U.S.-dollar brokerage account.


Canadian shareholders pay a 15% withholding tax on dividends from U.S....

You won’t find many risky stocks that pay steady dividends, and here’s why.

A: You must convert your RRSP into a RRIF no later than the year you turn 71, as you did. When you hold a RRIF, you must withdraw a minimum each year and report that amount for tax purposes. (You may withdraw amounts above the minimum at any time.) In your case, as you mentioned, you need to make a withdrawal this year when you turn 72.


Revenue Canada sets your minimum withdrawal for each year according to a schedule that starts at 5.28% of the RRIF’s year-end value at age 71, moves to 5.40% at age 72, reaches 6.82% at age 80, and levels off at 20% at age 95.


We feel that the overall direction of the market is upward....

We’ve long advised holding 20% or more of your portfolio in U.S. stocks. We see exposure to U.S. stocks, and the U.S. dollar, as a valuable form of diversification. It also gives you a hedge against a drop in the Canadian dollar, especially if you hold your stocks in a U.S.-dollar brokerage account.


Canadian shareholders pay a 15% withholding tax on dividends from U.S....

Looking to take full advantage of your capital gains deduction? You’ve come to the right place for the necessary information