Page 38 - Fool Canada News Today

Only 20 people were in attendance during Berkshire Hathaway’s shareholders’ meeting in 1979. Its chief, Warren Buffett, has since developed a cult-like following. He is now the Dalai Lama to long-time investors. Thousands eagerly await the yearly event. The meeting on May 1, 2021, was a livestream-only event again due to COVID-19. Nevertheless, the second online version did not differ from previous shareholders’ meetings. Buffett imparted lessons that could help transform the financial l...

Canada Revenue Agency: Use Your Tax Refund to Buy These 2 Stocks More on: Image source: Getty Images A lot of people regard tax refunds as a personal bonus, that is, something they can spend on frivolities or buy something they couldn’t find the money for in their regular income. It is a good idea to treat yourself every now and then (especially with the CRA’s money, which is technically your money if you think about it), but you can find a much better use for your tax...

Inflation Is Spiking! 2 Stocks That Can Protect You Image source: Getty Images. Inflation expectations are flaring up. After a year of relentless money printing, Canada’s central bankers are prepared for an economic rebound that causes record levels of inflation. The spiking prices of commodities indicates much more pain ahead. This flare-up of inflation has consequences for investors. Here’s what you should be prepared for and how you can protect your portfolio.  Impac...

Image source: Getty Images In this low-interest-rate environment, the yields on debt instruments have become unattractive. So, investing in monthly paying dividend stocks has become an attractive means to earn stable passive income. Further, investors could also benefit from stock appreciations. So, here are three top Canadian stocks that pay monthly dividends at higher yields. Pembina Pipeline Pembina Pipeline (TSX:PPL)(NYSE:PBA), with its integrated assets, offers a full ...

Canada Lost 207,100 Jobs in April: Do This If You Lost Yours Image source: Getty Images A fresh variant of COVID-19 has tightened restrictions across the country, and employers are taking yet another hit. Around 207,100 jobs were lost in April, Statistics Canada reported last week, with full-time employment down by 129,400 and part-time by 77,800 jobs. All in all, the job losses brought the unemployment rate to 8.1%, which is 2.6% higher than pre-pandemic levels. Despite the...

Image source: Getty Images. Cryptocurrencies have been one of the hottest topics among the investors’ community in the last year. Recently, the American multinational investment bank Goldman Sachs formerly gave the go-ahead to its dedicated cryptocurrency trading team. This development came a few months after the Elon Musk-led popular electric carmaker Tesla invested about US$1.5 billion in Bitcoin before selling 10% of its position in Q1. Warren Buffett’s silence on c...

Image source: Getty Images Copper is on a roll right now. Indeed, soaring copper prices align with the market’s expectation of growth in the near future. Copper is one of those base metals that is highly correlated to expectations of economic growth. Accordingly, as recovery measures, vaccine drives, and climate pledges continue to strengthen this economic outlook, copper has taken off. With copper now trading around all-time highs, here’s why Teck Resources (TSX:TECK....

Undoubtedly, Kansas City Southern, a small railway in southern North America, seemed like the perfect fit for Canadian-focused CP Rail. There was near-zero overlap between the rail networks of CP and Kansas City Southern. It was really a match made in heaven. The resulting railway would have given CP a wide moat in north-to-south freight moves. The price of admission, while high at just north of US$33 billion, probably wasn’t too much to stomach. There was an imminent economic boom with the ...

Forget Dogecoin! 2 Growth Stocks That Make More Sense More on: Global markets have been riddled with inexplicable and speculation-fueled unicorns this year. The GameStop bull run that sent the stock soaring by an irrational 9,000% in just a few months earlier in 2021 was not a unique event. Another major movement in the market is with the meme-based cryptocurrency called Dogecoin. The Shiba-Inu meme-based cryptocurrency token has been generating mind-boggling returns and garnering a lot of i...

With the TSX Index hitting all-time highs, it is getting harder and harder to find stocks that are attractively valued. When investing in times of overall market strength, it is important to make sure you are looking for high-quality businesses and investing in them for the long run. Market momentum can change in a heartbeat. Generally, the best way to actually make money is to control your emotions in the short term and buy and hold investments for the long term. The longer you hold an invest...