TFSA Passive Income: Earn $500/Month [Yahoo! Finance Canada]
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First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
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Source: Yahoo! Finance Canada
Do you want to earn $500 in passive income each and every month? With stocks, index funds, and Guaranteed Investment Certificates (GICs), it's possible to have enough portfolio diversification that you receive a bit of dividend income monthly. Arguably, having monthly payouts is not the most important thing. It's your cumulative result that really matters. Nevertheless, if you hate waiting an entire quarter for dividend income to come in, you can arrange to receive it more frequently. In this article, I will explore a method that can get you up to $500 per month in passive TFSA income with not a whole lot invested. Option #1: The low-risk index fund method Index funds are classic TFSA investments. They offer a lot of diversification, and they usually pay dividends. When you hold a typical index fund, you get dividends paid out each and every quarter. It's not quite a monthly pay schedule, but if you buy enough different funds, you may be able to get a cheque each and every mont
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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
- 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
- SMArtX Announces 2024 X Award Winners, Featuring Elite Investment Strategies From Top Asset Managers on the SMArtX Platform [Yahoo! Finance]Yahoo! Finance
FXNC
Earnings
- 4/30/24 - Beat
FXNC
Sec Filings
- 6/21/24 - Form S-4
- 6/21/24 - Form 4
- 6/20/24 - Form 4
- FXNC's page on the SEC website