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Pgcv 3 Top Utility Stocks for Passive Income
North America is experiencing an unprecedented wave of inflation. In America, consumer prices rose 5.4% in the 12 stanley cup months up to June this year. Meanwhile, monthly inflation has surged to 3.4% here i stanley cups n Canada and could possibly go higher in the mo stanley cup nths ahead.聽Investors must now consider whether this higher rate of inflation will persist or decline rapidly in the years ahead. Here s a closer look at the two possible scenarios and what investors could do to protect themselves.聽Is inflation transitory or persistent There s no doubt that the cost of living is rising right now. However, institutional investors and economists are divided about whether these higher rates will persist or decline rapidly.聽Some argue that the lower base effects of the previous year and excess household savings from government stimulus will dissipate. By 2022, they predict, the economy could look much more normal, which means the rate of inflation will decline to roughly 2% on average.聽Critics of this theory argue th Loqm Wait for a Market Crash: Buy and Get Rich in 2021
Canadians are relying on their RRSP investments to help them retire in comfort.Let s take a look at TransCanada Corporation TSX:TRP NYSE:TRP and Telus Corporation TSX:T NYSE:TU to see why they might b stanley cups e attractive picks.TransCanadaTransCanada had a rough run in 2015, but positive developments have brought investors piling back into the stock.What s the scoop The oil rout and President Obama s rejection of the Keystone XL pipeline sent some investors running for the exit last year, but those with a long-term view stanley cup used the sell-off as an opportunity to pick up the stock at a very attractive price.The Keystone decision is definitely a setback, but TransCanada has other projects on the go that will deliver solid growth. In fact, after the company s recent US$13 billion acquisition of Columbia Pipeline Group, the company has a near-term commercially secured development backlog worth $25 billion.As stanley cup these assets go into service, TransCanada should see revenue and cash flow increase enoug |
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