TFSA Investors: 3 TSX Stocks I’d Buy for 2020

It’s that time again at year end, when investors have to think about rebalancing their portfolios, chucking out underperformers, and adding some growth candidates and stable dividend income generation stocks to create long-term, outperforming TFSA retirement portfolios. Growing a retirement nest egg shouldn’t be too much of a hustle, as the TSX offers some of the most compelling stable growth…

Read More

Young Investors: How to Make $500,000 With Only $20 Per Week

Want to make $500,000? All you need is $20 per week. This sounds like an impossible feat, but the math is easy. The hard part is a secret ingredient that only young investors have: time. While most investors fret over which investments they should own, young investors should fear not taking advantage of their time — not just in living…

Read More

TFSA Investors: This Cannabis Company Could Transform Your Portfolio

If you have a TFSA, high-growth stocks have a ton of appeal, as you’ll pay zero taxes on your gains. Even if your portfolio triples in value, your money will be shielded from the tax collector. There are few higher growth markets than cannabis. Most analysts agree that the market could surpass $100 billion in value by 2030. Stifel Financial…

Read More

Did CannTrust (TSX:TRST) Investors Just Get Some Great News?

Ever since we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) was in violation of Health Canada’s regulations, it’s been nothing but a headache for the company’s shareholders. Since July, the stock has lost more than 70% of its value, destroying many portfolios along the way. It certainly hasn’t helped that the scandal grew in size. Not only have multiple sites gotten into…

Read More

2 Ways to Make a Profit Even as Weed Stocks Collapse

It’s been a rough year for weed stocks across the board. From the largest producer to the tiniest upstart, valuations have been slashed as investor sentiment shifted from irrational exuberance to outright pessimism. However, there’s always an opportunity to make a profit if you’re willing to think unconventionally.  Here are the two stocks that could survive and thrive in 2020,…

Read More

Worried Canopy Growth (TSX:WEED) Stock Is Headed Further Down? Do This to Protect Your Portfolio

Canopy Growth (TSX:WEED)(NYSE:CGC) has fallen significantly over the past several months. The stock has not just hit a new 52-week low, but it’s trading at levels not seen in nearly two years. More than half the value of the company has been wiped out from when it was being valued at around $20 billion earlier this year. And for concerned…

Read More

WARNING: These 2 Millionaire-Maker Stocks Just Went on Sale!

Millionaire-maker stocks are hard to come by. We’re not talking about 10% annual returns. Instead, these stocks have the potential to grow your portfolio several times over, sometimes in a matter of months. If you want to turn thousands into millions, these are must-own investments. The problem, however, is that millionaire-maker stocks almost never go on sale. In reality, they’re…

Read More

This Famous Investor Is Hoarding Cash

Seth Klarman is one of the greatest investors in history. For decades, he’s compounded shareholder capital by more than 20% annually. He stays under the radar, but every now and then, reports surface about his biggest bets. Today, he’s betting big on Cheniere Energy, Fox, and ViaSat. His biggest position, however, isn’t a stock — it’s cold, hard cash. Some…

Read More

CannTrust (TSX:TRST): Next Stop $0?

It’s going to be tough for CannTrust Holdings (TSX:TRST)(NYSE:CTST) to win back the trust of investors after what it pulled. The company put its investors at risk when it decided to follow through with the idea of illicitly growing cannabis in secret rooms. Now that the secret is out, the stock has blown up in the portfolios of investors. After plunging…

Read More

2 Stocks to Buy Today (Plus 1 to Avoid!)

If you’re looking for good stocks to add to your portfolio, the good news is that there are plenty of solid options still out there today. Below, I’ll look at two stocks that look like very appealing long-term investments as well as one that I’d steer clear of. BlackBerry (TSX:BB)(NYSE:BB) has struggled since releasing its most recent quarterly results. At…

Read More