Investing via a Robo-advisor isn’t the only approach to set-it-and-forget-it investing. Some reliable stocks with proven histories can do the trick as well.
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Even though the stock market is trading close to record highs, investors can find hidden gems that are trading at attractive valuations. There a few fundamentally strong companies in sectors that have been hit hard by the pandemic, which investors can buy right now for market-beating gains.
We’ll take a look at two Canadian Dividend Aristocrats that should be on the radar of value and income investors. You can hold them in your RRSP (Registered Retirement Savings Account) and benefit from a steady stream of income in 2021 and beyond.
RRSP contributions are tax deductible
Canadians generally use their RRSP to build a pension fund that will help them complement other pension programs such as the CPP and OAS.