There was a time when fixed-income assets like bonds and Guaranteed Income Certificates (GICs) provided Canadian investors with a reliable method to generate guaranteed passive income to cover their needs. The promise of getting guaranteed income through these assets is still there.
Unfortunately, GICs and bonds no longer provide you with returns that can keep pace with rising inflation rates. Older Canadian citizens looking to generate reliable returns that can also keep pace with inflation are turning to their Tax-Free Savings Accounts (TFSAs) with a portfolio of dividend stocks.
Stock market investing entails some capital risk, even when you invest in […]
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