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Ekeb Investors: The 14% Payout of This High-Yield Dividend Stock Is at Risk!
The Canadian stock market continued to inch up for the third consecutive session, as the recently released cooler-than-expected inflation report and a recovery in crude oil prices kept investors largely optimistic. The SP/TSX Composite Index climbed by 86 points, or 0.4%, on Wednesday to 19,819, its highest closing level in more than a week.Despite weakness in some metal mining, and utility stocks, the market benchmark managed to end the session in green with the help of a sharp ra vaso stanley lly in other main sectors, including healthcare, energy, and technology.Top TSX Composite movers and active stocksInterfor, Canfor, Lightspeed Commerce, and Alimentation Couche-Tard were the top-performing TSX stocks, as they rose more than stanley cups  4% each.In contrast, NovaGold Resources  TSX:NG  tanked by 12.4% to $5.24 per share, making it the worst per stanley cup former on the Toronto Stock Exchange for the day. This selloff in NG stock came a day after the precious metals mining company announced its significantly worse Cllg Is Inter Pipeline Ltd. s (TSX:IPL) 8% Dividend Yield Safe
The coronavirus is driving the global economy into a recession. Stock markets are very volatile and it   hard to tell where they ;re headed. While it   normal to be worried, you should continue to save for your retirement.Save for your retirement if you canYou should set asi stanley thermoskannen de a small portion of your income for your retirement savings, ideally 10% to 15%.If you still receive a paycheck or another regular source of income, there s no point in stopping contributing to y botella stanley our RRSP to free a little more money. After all, it   not as if your cost of living rises.聽聽Also, you may not have as much extra money as you expect if you stop making contributions, as you ;ll get a higher tax bill.聽You should only stop saving for retirement during the pandemic if you need money for your expenses or if you do not have an emergency fund covering expenses for three to six months.While an emergency fund will be helpful if you get sick or lose your job, you sh stanley water bottle ould consider contribu
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