zvoc Should You Buy Shares of Agnico Eagle Mines Ltd. Today
Sbyz Market Crash: Is Suncor Energy (TSX:SU) or Enbridge (TSX:ENB) Stock a Buy NowThere are many ways to generate passive income in Canada. Today, we are going to take a conventional approach and look to make passive income with some of the best income-yielding equitie stanley cup s on the TSX. For this super passive-income portfolio, we are going to stash our stocks in a Tax-Free Savings AccountTFSA . That means that we will be able to avoid paying tax on the income and capital growth we gobble up in this portfolio. For our hypothetical stanley romania , we are going to play with $42,000. That does not come close to the cumulative contribution room of $88,000 in a 2023 TFSA. Let s jump in.Here s the first stock I d snatch up to start the ultimate passive-income portfolioBird ConstructionTSX:BDTis the first dividend stock I d target to kick off our TFSA passive-income portfolio. Shares of this dividend stock have dropped 4.8% month over month as of mid-morningstanley cups trading on Tuesday, June 20. The stock is still up 3.3% so far in 2023.This company released its 2023 first-quarter earnings on May Fdsl 3 Stellar Investments to Counter Volatility
Since I wrote about Silver Wheaton Corp.TSX:SLWNYSE:SLWtwo weeks ago when it dropped 11%, it has dropped further from $19.70 to $16.30, another 17% drop. At the time, I cautioned investors to wait until the Canadian Revenue AgencyCRAissue is cleared up, but honestly, I did not expect the decline to be this extreme.This is not only due to the possibility of Silver Wheaton hav stanley cups uk ing to pay more taxes to the CRA, but also to the fact that the price of silver is at its five-year low, close to US$14.The risk/reward is attractiveFor the long-term investor who believes that the world needs silver, the risk/reward stanley cup nztable has turned. There s reason why the price of silver could soar.Silver Wheaton s cost per ounce of silver is about US$4 and the cost per ounce of gold is about US$400. Even with the decline in the price of silver a stanley cup t US$14 and gold at US$1105, Silver Wheaton is still profitable.With the cost of mining being unsustainable, and mines shutting down temporarily as a result, the
页:
[1]