Category: Wealth

Take 2024, for example. Our A team of the 10 top Dividend All-Stars collectively posted an equal-weighted total return of 32.49% for the year to November 30, our cutoff date. That trounced the benchmark S&P/TSX Composite’s 26.75% return for the same period.  Ironically, the best performer of the bunch was First Quantum Minerals, which didn’t…

Image Source: Pexels When you move into a retirement home, you may expect upfront costs like a deposit or other application fees. But what about hidden monthly costs that you weren’t expecting? When you’re looking for a retirement home, it’s important to read the contract and ask questions about hidden fees because these can quickly…

Cars Image Source: 123rf.com Buying a new car can be exciting. Getting behind the wheel of a vehicle that you’ve just bought feels like a second home, but there’s nothing worse than realizing you purchased something unreliable. There could be hidden problems in a used car or persistent issues in something new. However, being able…

Second, you likely want stocks that are poised to rise in price. A stock with an 8% yield won’t do much good for your portfolio if it loses 10% of its value. (Just ask BCE shareholders!) There’s no sure way to predict how a stock will perform, but we favour equities that are a good…

Image Source: 123rf.com It’s great to think that you could make money from the comfort of your couch. While it might seem like a dream, it can become a reality with the right gig. Technology has made it possible for you to bring in cash without leaving your house. I’ve personally been able to bring…

Cars Image Source: Wikipedia When it comes to buying a car, even the most popular models can have hidden issues that turn your dream ride into a nightmare. While these vehicles might look appealing on the surface, digging deeper often reveals design flaws, mechanical problems, or reliability issues. To help you make an informed decision,…

Last year, though, dividend stocks returned to form. The S&P/TSX Composite Dividend Index, a cap-weighted measure of all the 170-odd dividend-paying stocks in the S&P/TSX Composite, put up a total return of 19.84% in 2024. The S&P/TSX Dividend Aristocrats Index, which holds the 92 stocks that maintained or raised their dividends in each of the…

Image Source: Pexels Without the right tools at your disposal, managing your finances can be unnecessarily difficult. There are many tools to help you reach your goals, make financial planning more enjoyable, and teach financial literacy. Here are 10 financial management tools that are absolute game changers. 1. Financial Calculator Why do everything by hand…

If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You! TOM@RICHHABITS.NET I worked my way through college as a Janitor for the New York City public school system. If it wasn’t for that…

Cars Image Source: 123rf.com We are in the midst of winter and, in many places, there have been record-low temperatures and snowfall. For folks living in Nevada, the average low temp from December through February is about 20.7°F. Preparing your vehicle for colder temps is extremely important. You don’t want to get caught out in…