The TSX has been on a remarkable run, reaching all-time highs. And there are a few key factors driving this surge. First and foremost is the strong performance of the energy and financial sectors. These pillars of the Canadian economy have played a significant role. With oil prices stabilizing and even climbing, energy stocks have been powering up, contributing to the TSX’s upward momentum. Meanwhile, the financial sector, buoyed by solid earnings from major banks and insurance companies, has added more fuel to the fire, helping to push the index to new heights.
So, how can investors get in on the action? Let’s look at two stocks to help your Registered Retirement Savings Plan (RRSP) climb higher.
VDY
The Vanguard FTSE Canadian High Dividend Yield Index ETF (TSX:VDY) is an excellent choice to add to an RRSP, even as the TSX reaches all-time highs. One of the key reasons is its focus on high-quality, dividend-paying stocks….
