Amy J Legate-Wolfe

1 week ago | fool.ca | Amy J Legate-Wolfe

When you think about long-term wealth building, bank stocks don’t always get the spotlight. But over time, few sectors have delivered the kind of steady returns and reliable dividends that Canadian banks have. One bank in particular stands out right now for investors with a long time horizon: Canadian Imperial Bank of Commerce (TSX:CM). CIBC has been around for over 150 years, and in that time, it’s built a reputation as a stable, income-generating financial institution.

1 week ago | fool.ca | Amy J Legate-Wolfe

When markets get choppy, and talk of recession is in the air, many investors look for a safe harbour. Not every stock can weather a storm, but some are built to keep delivering income and stability even when the economy slows down. One name that keeps rising to the top of my list is Manulife Financial (TSX:MFC). It’s not flashy, but when you’re looking for consistency and dividends you can count on, it delivers. Manulife is one of Canada’s largest insurance and financial services companies.

1 week ago | fool.ca | Amy J Legate-Wolfe

When building a long-term portfolio in Canada, few names offer the same combination of strength, consistency, and income as the Bank of Montreal (TSX:BMO). Known on the TSX as BMO, this banking powerhouse has stood the test of time, weathering everything from financial crises to pandemics. That kind of stability is exactly what many investors look for when deciding where to park their cash in uncertain markets. Dividends are a big part of that equation.

1 week ago | fool.ca | Amy J Legate-Wolfe

Sometimes the smartest move in investing is to stay simple: choose a company with a strong track record, reliable income, and room to grow. That’s what makes goeasy (TSX:GSY) such a compelling stock to consider, especially if you’re looking to invest $8,300 right now. It’s one of the top financial services stocks on the TSX, and it’s trading at a level that makes a mid-size investment like this one worth a serious look.

1 week ago | fool.ca | Amy J Legate-Wolfe

When a big name in Canadian banking drops in value, it tends to draw attention. That’s especially true when it’s a stock like Bank of Nova Scotia (TSX:BNS). It’s one of the country’s largest and most established financial institutions. BNS hasn’t had an easy ride over the past year. Rising interest rates, economic uncertainty, and a cooling housing market have all weighed on Canadian bank stocks. But when you look past the noise, BNS is starting to look like a solid opportunity for a rebound.