Best Canadian Stocks for Passive Income in TFSA – Canadian Bank Stocks
If you’re looking for some of the most reliable dividend stocks in the country, Canadian bank stocks are some of the best dividend stocks not only in Canada, but in the world. It makes them perfect for collecting passive income in either your TFSA or RRSP. Lets have a look at 5 top Canadian stocks, all of which are major Canadian banks, in this video.
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Canadian bank stocks are some of the strongest dividend stocks in the world, and garner a lot of attention from those looking to build a passive income stream through investing.
It’s important to have a well diversified investment portfolio that contains top growth stocks and top dividend stocks if you’re going to succeed in the markets over the long term, as dividend growth investing is one of the more popular investment strategies out there, and one that has proven to be the most successful.
Best Canadian Stocks for Passive Income in TFSA – Canadian Bank Stocks Chapters:
00:00 – Introduction
00:36 – Dividend Growth In The Financial Sector
01:25 – CIBC Stock (CM)
03:32 – Bank of Montreal (BMO)
06:09 – TD Bank Stock (TD)
08:10 – National Bank of Canada Stock (NA)
10:29 – Royal Bank of Canada Stock (RY)
12:25 – Why We Excluded Bank of Nova Scotia Stock (BNS)
13:00 – Wrapping Things Up
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