Toronto-Dominion Bank

ISHARES S&P/TSX 60 INDEX ETF $21.33 (Toronto symbol XIU; buy or sell through brokers; ca.ishares.com) is a good low-fee way to buy the top stocks on the TSX. The units are made up of stocks that represent the S&P/TSX 60 Index—the 60 largest, most heavily traded stocks on the exchange....

RIOCAN REAL ESTATE INVESTMENT TRUST $28.19 (Toronto symbol REI.UN; Units outstanding: 324.5 million; Market cap: $9.3 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.riocan.com) owns all or part of 302 shopping centres in Canada, including 15 under development.

In 2012, the trust formed a joint venture with ALLIED PROPERTIES REIT $39.33 (Toronto symbol AP.UN; Units o/s: 78.6 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.alliedreit.com) and Diamond Corp....

TD BANK $56.17 (Toronto symbol TD; Shares outstanding: 1.9 billion; Market cap: $104.2 billion; TSINetwork Rating: Above Average; Dividend yield: 3.9%; www.td.com) owns 42.15% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD), one of the largest online brokerage firms in the U.S....

We still think investors will profit most—and with the least risk—by buying shares of well-established, dividend-paying stocks with strong business prospects.



These are companies that have leading positions in healthy industries. They also have strong management that will make the right moves to remain competitive in a changing market.



Stocks like these give investors an additional measure of safety despite today’s volatility....

TD Bank’s U.S. operation helped to lift overall earnings despite a 55% jump in loan-loss provisions and slowing business in Western Canada.

TD BANK $57.36 (Toronto symbol TD; Shares outstanding: 1.9 billion; Market cap: $105.9 billion; TSINetwork Rating: Above Average; Dividend yield: 3.8%; www.td.com) is Canada’s largest bank, with $1.1 trillion in assets. It operates 1,265 branches in the U.S.—compared to 1,152 in Canada—and owns 41.01% of TD Ameritrade (New York symbol AMTD), a leading online brokerage....

Toronto-Dominion Bank has expanded its position in the U.S., with more branches there than in Canada. It continues to gain from an improving U.S. economy, while the weak Canadian dollar enhances earnings from that market. TD’s U.S. business also helps to offset higher loan losses because of the slowdown in Canada’s oil industry....

BANK OF MONTREAL, $83.44, Toronto symbol BMO, gained 1% this week after announcing it will raise its dividend. The bank also said it’s setting aside more funds to cover potential bad loans to Canadian oil and gas firms; and with more of its customers banking online, it will cut 4% of its workforce. In its fiscal 2016 second quarter, which ended April 30, 2016, Bank of Montreal earned $1.152 billion. That’s a gain of 0.5% over $1.146 billion a year earlier. Due to fewer shares outstanding, earnings per share rose 1.2%, to $1.73 from $1.71. These figures exclude severance payments and other unusual items. On that basis, the latest earnings missed the consensus estimate of $1.75 a share....

One of the best ways for investors to minimize and defer taxes is to buy good stocks and not trade frequently.


Gains on stocks generally come in one of two forms: dividends and capital gains....

Dear Reader: Most successful investors describe themselves as buy-and-hold investors. But for many, their strategy is more like buy-and-hold-till-I-get-bored, or until I see or hear about something better on TV or the Internet.

Instead, rather than ―buy and hold‖, we prefer a “buy and watch closely” strategy....