5 TSX financial stocks to buy at discount: CWB, CIX, TD, SLF and IGM

Highlights The TSX Composite Index is down over 9.9 per cent and so is arguably on the brink of a correction The last month accounted for most of the losses seen by these stocks year-to-date and so they may be said to be on the dip The S&P...

Highlights The world's oldest cryptocurrency, Bitcoin, slumped below US$ 30,000 for the first time since July 2021 on Tuesday. Hive provides blockchain infrastructure solutions and is involved in mining cryptocurrencies like Bitcoin and Ethereu...

Highlights The US central bank said it hiked the benchmark rate by 0.5 per cent, the most significant hike in more than two decades. The stock of Manulife Financial Corporation is volume active, and 11.2 million MFC shares were traded during th...

market cap World over, indices seem to be going through a very bearish phase. The S&P 500 is down 13 per cent year-to-date (YTD). The Dow is down dearly 10 per cent. In comparison, the TSX Composite Index has weathered this year much bette...

Highlights The Canadian equities market is known to offer a wide variety of financial stocks to choose from. The financial sector contributes over 31 per cent to the TSX main index. A stock mentioned here jumped by about 30 per cent in nine mo...

Highlights On Thursday, April 21, Bank of Canada governor Tiff Macklem said larger increases in interest rates are not off the table Currently, the financial sector forms 31.32 per cent of the TSX Composite Index These five stocks have risen o...

Easter is here, and it is a joyous occasion for many, But this year, some investors may be a little preoccupied with inflation worries. While more Canadians look for ways to hedge against inflation, insurance stocks like Manulife Financial (TSX: M...

The Bank of Canada raised its benchmark rates by 50 basis points to one per cent on Wednesday, April 13. As a result, the big five banks led by Royal Bank of Canada (TSX: RY) also lifted their prime lending rate to 3.2 per cent. Notably, the chang...

As the fear of COVID-19 returns in the form of a new variant, some Canadians are looking for quality TSX stocks to minimize protect their portfolios to some extent. Some such stocks can be those of the big six banks in Canada, which are generally k...

If you hold a Registered Retirement Savings Plan (RRSP), you know it allows you tax exemptions for contributions you make into it. But what about withdrawals? Are RRSP withdrawals tax-free, similar to the other investment instrument, Tax-Free Savin...