The $10,000 TSX Portfolio Strategy That Could Serve You for Decades
Investing $10,000 may not sound like a game-changer at first, but with the right strategy, that sum has the potential to increase substantially over time. The key lies in building a diversified, long-term portfolio that focuses on high-quality Canadian stocks offering growth and income potential.
By diversifying your portfolio, you reduce your exposure to market volatility. Moreover, one should focus on reinvesting dividends. By reinvesting those payments back into your portfolio, you can harness the power of compounding. Over time, this can significantly enhance your total returns.
Overall, when you approach this strategy with discipline and a long-term mindset, even a modest sum like $10,000 can serve you for decades.
Cameco
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