any particular discounted dividend stocks you recommend?
"It depends"...on who your broker is...meaning if BMO investorline is your main account there is a massive list of no transaction fee dividend paying ETFs you can take advantage of through this type of account.
Wealthsimple Trade can be an interesting option if you stick to Canadian shares (but take advantage perhaps of dual listed shares that are on the tsx) that way you avoid forex fees.
Cibc investorsedge I believe has the lowest transaction fees of the big banks...all in all there is a massive list of discounted divided payers that you can benefit from and benefit even more from if you minimise your transaction costs.
Fts, h, aqn, bce, BMO, ry, td, cnr, cp, centamin, tec, qsr, mty
Apologies, the list is too numerous, but if you would like you can pm to discuss. Definitely consider the banks, you can't go wrong, you can't go wrong with the Canadian banks for a number of reasons, Moreover, acquiring a banking license is no easy feat so they basically enjoy a OPEC like cartel on financial services and have historically been around for generations and paid dividends through two world wars etc etc Last point I would make is try to get so diversified that you get paid dividends every single business day of the year ,now that is a treat