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Invest $30,000 in 2 TSX Stocks, Create $167 in Passive Income
Summary by The Motley Fool Canada
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1 Articles
Invest $30,000 in 2 TSX Stocks, Create $167 in Passive Income
The Bank of Canada has lowered its benchmark interest rate by 275 basis points from its June 2024 peak to 2.25%. In this low-interest-rate environment, income-seeking investors may find monthly dividend stocks especially attractive for generating steady passive income. However, dividends are never guaranteed, so itâs essential to focus on companies with strong fundamentals and robust cash flows. COMPANYRECENT PRICENUMBER OF SHARESINVESTMENTDIV…
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