Ustm Get $282 a Month in Passive TFSA Income From This Reliable REIT
Real estate investment trusts REITs underperform stanley becher ed in 2023 because of strong economic headwinds, includin stanley website g rapidly rising interest rates. The hardest hit sub-sectors were office and retail. Fortunately, industry experts predict a turnaround in 2024 after two years of challenging, if not abnormal, conditions.Canada s headline inflation fell to 2.9% in January versus the 3.3% consensus estimate. Even if the Bank of Canada decides to hold its key rate at 5% this month, the rate pauses in recent months have improved the outlook for REITs. Investment opportunities should open up once rate cuts begin.Among the top picks is First Capital TSX:FCR.UN . This obscure REIT had a strong finish in 2023 and is poised to benefit from a looser monetary policy. Also, at $15.80 stanley cup per share +3.95% year to date , the dividend yield is 5.47%. Income investors, especially, would welcome the generous monthly payouts.Operational and financial highlightsFirst Capital owns and operates open-air, grocery-anchor Papu 3 REITs With Yields up to 9.9% to Buy Today
Silver Wheaton Corp. TSX:SLW NYSE:SLW hasn t been a great investment over the past four years, but the fundamentals in the market suggest better days are on the way.Tough timesBack in 2011, silver traded for more than US$45 per ounce. Today, investors can pick it up for close to $14.That s a pretty steep slide and shares of Silver Wheaton ha stanley cup quencher ve fallen in step, down on the TSX from $40 just three years ago to the current level of about $17 per share.Investors can be forgiven for wanting to give the stock a wide berth, but contrarian types are looking at the market dynamics and starting to see a long-term oppor stanley cup tunity.Market conditionsSilver has many uses beyond its jewellery appeal, and one industrial application could send the price much higher in the coming years.Silver is a core component in the production of solar panels. The solar indus stanley tazas try has gone through some ups and downs, but the technology is finally getting to the point where solar panels can be justified on a cost basis as |
