10 Highest Paying Dividend Stocks for Maximum Cash in 2024 (TFSA / RRSP Passive Income)

Beating the TSX is a method of selecting blue chip dividend-paying stocks that has, historically, outperformed the benchmark index by a significant margin. It is easy to understand, easy to implement, and easy to maintain. What does My Beat the TSX Strategy Look like, download my Real Time Portfolio: bit.ly/3otgiDY
Are you ready to outperform the Toronto Stock Exchange (TSX)? In this video, we dive deep into the Beat the TSX strategy, demystifying its principles, target audience, and practical implementation steps. Whether you’re a seasoned investor or a beginner, this strategy can help you achieve consistent returns.
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0:00 What is the Dogs of the TSX strategy?
4:49 How to Select the Dogs of the TSX Stocks
7:38 2024 Beat The TSX
9:27 Investing in Beat the TSX Strategy
10:42 Risks in Investing
13:51 Concluding Thoughts - Is this Strategy Right for You?
🔍 What is the Beat the TSX Strategy? The Beat the TSX strategy is a powerful investment approach that aims to surpass the TSX Composite Index’s performance. By carefully selecting dividend-paying Canadian stocks, you can outpace the market and build wealth over time.
🎯 Who Is This Strategy For?
• Long-Term Investors: If you’re in it for the long haul, the Beat the TSX strategy aligns perfectly with your goals.
• Dividend Enthusiasts: Love those quarterly payouts? This strategy emphasizes dividend stocks.
• DIY Investors: You don’t need a financial advisor-just follow this step-by-step guide.
📈 How to Implement the Beat the TSX Strategy?
1. Stock Selection: Identify high-quality Canadian companies with strong fundamentals and consistent dividends.
2. Diversification: Spread your investments across various sectors to mitigate risk.
3. Rebalancing: Regularly review and adjust your portfolio to maintain the desired allocation.
4. Data-Driven Decisions: I’ve crunched the numbers! This statistical analysis proves the effectiveness of this strategy.
📊 Statistical Evidence: Research shows that the Beat the TSX strategy has consistently outperformed the TSX Composite Index over the past decade. Don’t miss out-watch the video to learn how you can implement this winning strategy today!
Disclaimer: This channel is for education purposes only and opinions expressed in this video are based on personal research and should be treated as such. These are not instructions, suggestions, nor directions as to how to handle your money. The facts and figures presented in this video are up-to-date based on the recording. These may have changed based on when you watch the video, please, always do your own due diligence! The description of this video includes Affiliate links (I get paid at no cost to you for trying out a particular service.) #TSXinvesting #canadiandividendstocks #investmentstrategies

[@DanishGhaziCPA]

What are your thoughts on this Beat The TSX Strategy, is this something you would implement?

[@DanishGhaziCPA]

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[@kevinregis7744]

I think you on to something here 💯

[@DanishGhaziCPA]

Thank you for your support!

[@user-fv6ke8vv2z]

Good list - but just a bit jittery about ( TRP ) because of the spin off of their oil pipelines…. / however I do own ETFs that includes all these names.. plus a bit more …

[@DanishGhaziCPA]

I'm glad you found the list useful and took the time to engage with the content! It's completely understandable to have concerns about companies like TRP, I am looking forward to the sping-off. Honestly, owning a diversified portfolio through ETFs is a smart move, as it includes a range of companies and can help mitigate risks. Your insights are valuable, and I encourage you to keep sharing your thoughts and experiences. Your support means a lot, and I hope you'll continue to find the content informative and helpful. Thank you for being part of the community! 🌟

[@SA-qh7pc]

Care to share the name of that one ETF that includes all these dividend gems and more?

[@log10xp]

If only they had shariah compliant options

[@DanishGhaziCPA]

There is an option for exactly that covered in my former video: kzbin.info/www/bejne/j5DGp3SaZ7Zrms0