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History has shown passive investors overtake active investors when it comes to returns. The best investing strategy is to buy the stocks of companies you are sure of and forget them. A company with a resilient business model would be better prepared to withstand crisis and benefit from the changing economy. To adopt the long-term investing strategy, look for stocks that can grow in the next 10 to 15 years. TSX Dividend Aristocrats have sustainable business models, regular and growing dividends, and the ability to adapt to the changing economy.
Long-term investing strategy
If you are 35 years and above and have never invested in a Tax-Free Savings Account (TFSA), you have an accumulated contribution room of $95,000 since 2009. If you were to go the dividend route, how long would it take to turn $95,000 into $1 million?
When using a dividend strategy, it always pays to buy the…
