Q: My wife retired recently. Her RRSP is around 100K. I've had it in an S&P 500 index fund for the most part. I want to change over to Canadian dividend paying stocks so she has a monthly income.
What would be your picks for the 5 most stable Canadian dividend stocks? Also, to add diversification I would put some of it into a Canadian dividend etf. Which one would you recommend? Thanks.
What would be your picks for the 5 most stable Canadian dividend stocks? Also, to add diversification I would put some of it into a Canadian dividend etf. Which one would you recommend? Thanks.