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0 0 -8.89911775989467E-06 -8.89911775989467E-06 -8.89911775989467E-06 -8.89911775989467E-06 0.0149597238204833 0.0149597238204833
Stock impact report

Build the Ultimate Passive-Income Portfolio With Just $10,000 [Yahoo! Finance Canada]

Brookfield Renewable Partners L.P. (BEP) 
Last brookfield renewable partners l.p. earnings: 7/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: bep.brookfield.com/en
Investors seeking to create a passive-income stream can do so with just $10,000. In this article, I'll outline how Canadian investors can begin a low-cost passive-income stream by focusing on diversification to minimize overall risk. Invest in low-risk, fixed-income products Canadian investors should consider allocating at least 20% of their funds towards fixed-income products such as Guaranteed Investment Certificates Several financial experts advise that your allocation to debt products should be in line with your age. So, a 25-year-old should allocate 25% of total savings toward fixed-income products, while this number would rise to 40% for a 40-year-old investor. ADVERTISEMENT GICs or other debt products are not as risky as equities and are ideal for those with a short-term investment horizon. Here, you lend a certain sum of money to banks, financial institutions, the government, and corporations, who pay you interest on these deposits. Right now, several Canadian ban Show less Read more
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