zcyx Cenovus Energy Inc. s Strong Q2 Results Could Send the Stock Skyrocketing
Umfd 2 Top Growth Stocks That You Can Buy and Hold ForeverTax-Free Savings AccountTFSAinvestors are thrilled with the new contribution limit for 2021. I mention investors and n stanley cup ot users because only 62% use the account for its intended purpose. A recent Bank of Montreal survey reveals that 38% of Canadians with TFSAs have cash as the primary investment.Although the name suggests it s a savings account, a TFSA is primarily an investment vehicle born in 2009 following the 2008 financial cri stanley tumbler sis. The federal government goal was for Canadians to have a facility where they can save faster to secure stanley mugstheir financial futures. If you ;re storing cash, it a colossal TFSA mistake.UnderutilizationThe same BMO survey reveals that just 49% of the 1,500 respondents know their TFSAs can hold both cash, and at least one other type of investment. Cash is a safety net to many, although it s not advisable to keep them in a TFSA. You ll miss out on the benefits of this tax-advantaged account.Any interest, gain or Vmcj Hyper-Growth Stock: Drone Delivery Canada (TSXV:FLT)
A Toronto-Dominion Bank Securities report recently forecast that the Bank of Canada would keep the benchmark rate on hold until late 2020. Stepping in line with many oddsmakers, the forecast suggests that a rate cut is the more likely move in 2019 due to soft economic data. Earlier this week I d discussed how much pressure the moderate credit crunch was putting on consumers.If this forecast turnsstanley mug out to be accurate, investors should be preparing for a static rate environment in 2019 and 2020. Here are three stocks to hold if the Bank of Canada maintains its dovish path.Kirkland Lake GoldTSX:KLNYSE:KL Kirkland Lake is a Toronto-based gold producer. Shares have surged 28.4% in 2019 as of close on March 14. The stock has soared over 120% year over year.The spot prices of gold hovered arou stanley drinking cup nd the $1,300 mark in 2019 afte stanley taza r surging to finish the previous year, but this should not discourage gold bulls. Previous rallies have been bad news for the yellow metal, but the dovish turn from the
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