2 Safe TSX Stocks to Buy With $2,000 Right Now

Date:

Image source: Getty Images

Investing in the equity markets is more like a marathon rather than a sprint. It means you have to invest with a long-term horizon, purchasing shares of companies that can withstand multiple economic downturns while delivering inflation-beating returns.

We can see that just a handful of stocks are likely to outpace the broader markets over time, making index investing a winning strategy for new investors. However, investors with a higher risk appetite can gain exposure to individual stocks, too. Here are two safe TSX stocks to buy with $2,000 in 2024.

Brookfield Infrastructure stock

Down 27% from all-time highs, Brookfield Infrastructure (TSX:BIP.UN) currently offers you a tasty forward yield of 5%. Moreover, the company has raised its dividends for 14 consecutive years.

Brookfield Infrastructure owns and operates a diversified portfolio of cash-generating assets across sectors such as data centres,…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...