How do you make money with blue chip stocks?

There are two ways you can potentially make money by investing in blue chip stocks. The first is capital appreciation, when you buy stocks and then sell them at a higher price than you initially paid. The second is through dividend payments, which are regular payments most blue chips make to investors as a way of sharing their profits.

What are the best blue chip stocks in Canada?

Blue chip stocks in Canada operate across a range of industries that play an important role in the Canadian economy, including financial services, energy, mining, utilities and telecommunications. Many blue chip stocks in Canada are household names, but the best choice for you will depend on your investment goals and time frame. Compare a range of stocks and research any investment thoroughly before buying.

How much money do I need to invest in blue chip stocks?

It depends on the trading platform you choose. Some brokers may require you to cover the full price of a single stock, which usually ranges from around $20 to $300 depending on the company you invest in. However, some brokers support fractional shares, which means you can start investing with as little as $1.

Can I invest in international blue chip stocks?

Yes, you can buy international stocks from Canada. You'll need to open a trading account with a broker that offers access to the international markets around the world. Many platforms offer low-fee trading of US stocks, but access to other global exchanges varies depending on the platform you choose.