Passive Income: How to Make $299 Per Month Tax Free by Doing Nothing [Yahoo! Finance Canada]
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: Yahoo! Finance Canada
It might sound like a “too good to be true” proposition, but modest sums of monthly tax-free income can be earned. If you hold your investments in a Tax-Free Savings Account (TFSA), you can also enjoy tax-free status on those investments. How much tax-free passive income can you earn? Well, if you were 18 or older in 2009, you have accumulated $95,000 worth of TFSA contribution room. If you haven't made any deposits yet, you can immediately deposit $95,000 into a TFSA, invest it in TSX index funds , and get to $2,850 per year, which works out to $237.50 per month (though you actually get the income quarterly). That's a decent amount of passive income right there. However, if you're willing to invest a little more aggressively, you can get more than that on a literal monthly schedule. ADVERTISEMENT In this article, I will explore one stock that could be part of a portfolio of monthly paying dividend stocks paying you $299 per month in your TFSA. First National First National
Show less
Read more
Impact Snapshot
Event Time:
FXNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FXNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FXNC alerts
High impacting First National Corporation news events
Weekly update
A roundup of the hottest topics
FXNC
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FXNC, MGRC, PRFT on Behalf of ShareholdersPR Newswire
- This 6.9% Yielding Dividend Stock Remains a Top Choice for Passive Income [Yahoo! Finance Canada]Yahoo! Finance Canada
- TFSA Passive Income: Earn $500/Month [Yahoo! Finance Canada]Yahoo! Finance Canada
- Retirees: 2 TSX Stocks That Pay You Each Month [Yahoo! Finance Canada]Yahoo! Finance Canada
- How to Earn Big TFSA Income the Canada Revenue Agency Can't Tax [Yahoo! Finance Canada]Yahoo! Finance Canada
FXNC
Earnings
- 4/30/24 - Beat
FXNC
Sec Filings
- 7/1/24 - Form 4
- 6/27/24 - Form 4
- 6/26/24 - Form 4
- FXNC's page on the SEC website