Which Canadian bank was the best investment this decade?

All Canadian banks on every corner of the street are the same right? Wrong.
But in the past decade, big bank small bank, if you bought and held on for 10 years straight you would have made money on any of the banks. But the end investment values and dividend income received can be quite different after several years.

If you want a quick answer, the best bank was TD, but if you really want to know what they’ve been doing these past 10 years, how much passive dividend income you would have received and how much you would have made exactly, then stay tuned.

For most people, the banks all seem the same and maybe some of us invest in the bank we have an account with. But they’re actually quite different from each other in terms of what they do. For instance, Scotiabank likes to focus on business in South America, BMO makes more from loans to Businesses, CIBC is most focused on Canadian residential mortgages, RBC is most popular for global capital markets, and TD is known for its success in expanding to the US.

I’m going to simulate how much you would have made in dividends and how much the value of your shares are worth at the end of a decade assuming you started with $10,000.


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Timothy Li is a Investment Analyst with a keen sense of investing, career development, and productivity. He’s currently working at a multi-billion dollar fund in Canada focused on Canadian and US stocks. Having a passion for investing and teaching others through tutoring, Timothy believes he can do so on a larger scale through his channel. Furthermore, through inspiration from legendary investors and entrepreneurs, Timothy continues to develop his knowledge and has a lot to share.

#Canadianbank #Canadianbanks #TDBank #CIBC #Scotiabank #RBC #BMO #InvestinginCanada #dividendinvesting #Canadiandividend #Canadiandividendstocks

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