Lwbn TFSA Investors: 1 Cheap Canadian Stock to Buy Now
The tech-heavy NASDAQ Composite Index has experienced a steep decline in recent trading sessions. The index corrected by more than 15.5% from all-time highs as investors are now chasing value over growth, given the threat of rising interest rates.However, every market correction presents investors with an opportunity to buy quality stocks at a lower valuation. Further, investing in an exchange-traded fund, or ETF, allows you to diversify risk at a low-cost and is ideal for the investor who does not have the
stanley cups expertise to pick individual stocks.Additionally, if these ETFs are held in a TFSA Tax-Free Savings Account , investors can derive long-term capital gains that are exempt from Canada Revenue Agency taxes.Let s take a look at
botella stanley three ETFs that should be on your buyi
stanley cup ng radar right now.Ark Innovation ETFArk Innovation ETF NYSE:ARKK is Cathie Wood s flagship fund, which is down 54% from all-time highs. Despite the pullback, ARKK has returned close to 300% to investors since 2014. The E Cxtx 3 Amazing Gold Stocks Trading at 52-Week Highs
One company that is poised to make solid gains but has been ignored by investors for some time is renewable energy business Brookfield Renewable Partners L.P. TSX:BEP.UN NYSE:BEP . For the year to date, its stock has plunged by 8%, creating an opportunity for investors seeking to add an attractively valued, quality business that possesses a wide economic moat and steadily growing earnings to their portfolios.Now what Brookfield Renewable owns a globally diversified portfolio of renewable energy assets spanning hydro, wind, and solar. For some time, it has flown under the radar, f
stanley thermosflasche ailing to garner the same attention as Brookfield stablemate聽Brookf
stanley thermos mug ield Infrastructure Partners L.P.,
stanley mugs but all that is about to change.After seeing its operations being weighed down by worse than expected water levels, because hydro is responsible for 82% of its generating capacity, Brookfield Renewable is poised to start firing on all cylinders. Improving water levels in the Americas coupled with greater dema