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Nzzt Uh Oh! A Recession Could Finally Happen in 2020
The first wave of the pandemic was enough to shake the world to its core, decimated whole economies and laying waste to industries and the job market. And even though most people knew that the first wave wasn t the end of it, and we might have to live through multiple waves of the pandemic, it doesn t make the second wave any less of a force.Our defenses and measures are woefully incomplete without stanley termoska  a proper vaccine. But the good news is that the vaccine might not be as far away as medical experts first predicted vaso stanley . U.S.-based Moderna, a biotech company, is very close to a working vaccine, and the stanley cup  CEO says if their clinical trials go well, they would be able to mass-produce and distribute the vaccine by the end of November.If Moderna s timeline is correct, and another vaccine comes from Pfizer around the same time, it can boost morale and dissipate fear among the population, giving the economy and the stock market strong new legs to stand upon. Several stocks might benefit from a vaccine, Bmmk TSX Investors: 3 Cheap Super Dividend Stocks
The TFSA is, without a doubt, the greatest financial tool available to Canadian investors.Unlike RRSPs, which only defer tax, TFSAs allow in investor to contribute $5,500 each year into a true tax avoidance plan. It doesn ;t matter if you double your money each year, you ;re not paying any tax on it. Plus, the money in a TFSA is flexible. Investors can withdraw their cash whenever they ;d like and not have to worry about paying the tax man.Even though the TFSA is the perfect account for investors to use for holding stocks, there are way too many Canadians that are using the account to hold more conservative assets, like cash or GICs. According to a bank聽survey in 2013, 80% of Canadians were holding either cash or GICs in their TFSAs. Just 14% of Canadians were u stanley mugs sing their TFSA to hold individual st stanley thermos ocks, while 5% invested in ETFs.Most Canadians cannot afford to have money sitting in a savings account  kubki stanley or a GIC, earning less than 1% interest. We just don ;t have the sa
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