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Xnha 2 Top Canadian Dividend Stocks to Buy During the Market Sell-Off
Investors are often looking for the newest and hottest stocks to buy for their portfolio that the market may not yet know about. And while this can b vaso stanley e a good strategy for finding up-and-coming companies with significant growth potential, it s essential to balance these investments with stable and reliable businesses such as top Canadian large-cap stocks.Because these blue-chip, large-cap stocks are well known to every investor, it often seems like in order to find the next big thing, you have to look for undiscovered businesses.True, Canadian large-cap stocks will often have less growth potential than a smaller stock with a longer runway of growth. Nonetheless, there are also many advantages to owning large-cap stocks as well.These companies can be much more reliable due to their massive and well-diversified businesses. Furthermore, because they are well-established, they often pay significant dividends and inc stanley website rease those payments often.Plus, in ad stanley cup dition to their reliability, they may Lxsi TFSA Passive Income: 3 Top TSX Stocks to Buy Right Now
The CRA is paying two benefits to taxpayers in August. These two benefits are in addition to CERB. For those stanley france who live in Ontario, the Ontario Trillium Benefit OTB will be paid on August 10. Canad vaso stanley ians with children under the age of 18 may be eligible to receive the Canada Child Benefit CCB on August 20.If you will be receiving CERB, the OTB, or the CCB and do not immediately need the cash, you may be thinking of investing it. Here are three stocks to consider buying with an extra $200.Royal stanley thermobecher Bank of CanadaRoyal Bank of Canada TSX:RY NYSE:RY is Canada s largest bank. Given that the banking sector in Canada is dominated by the Big Five, RBC enjoys a wide moat. RBC also does a lot of lending to government clients, which are generally the most credit-worthy clients. Therefore, RBC s business model and cash flows are resilient, even in the face of uncertain and turbulent market conditions.RBC has used this dominant position in Canada to steadily grow earnings over time. This has been t |
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