Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.
In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
 How Successful Investors Get RICHLearn everything you need to know in ‘The Canadian Guide on How to Invest in Stocks Successfully’ for FREE from The Successful Investor. How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger. |
Investors should approach all investments with a healthy sense of skepticism. This can help keep you out of fraudulent stocks that masquerade as high-quality stocks. It will also keep you out of legally operated, but poorly managed, companies that promise more than they can possibly deliver.
If you are a new investor, you should also realize that losing patience can cause you to sell your best choices right before a big rise. All too often, investors buy a promising stock just as it enters a period of price stagnation. Even the best-performing stocks run into these unpredictable phases from time to time. They move mainly sideways in a wide range for months or years before their next big rise begins. (Stock brokers often refer to these stocks as “dead money.”)
If you lack patience, you run a big risk of selling your best choices in the midst of one of these phases, prior to the next big move upward. If you lose patience and sell, you are particularly likely to do so in the low end of the trading range, when stock prices have weakened and confidence in the stock has waned.
How Successful Investors Get RICHLearn everything you need to know in ‘The Canadian Guide on How to Invest in Stocks Successfully’ for FREE from The Successful Investor. How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger. |
NVIDIA CORP., $101.35, Nasdaq symbol NVDA, is your #1 Aggressive Buy for 2025.
The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence… Read More
RUSSEL METALS INC., $38.19, is a buy. Through their shares, investors tap one of North America’s largest metals distribution companies, with a growing focus on value-added processing.
The company carries on business in three segments: metals service centres, energy field stores and steel distributors. Its network… Read More
HERSHEY CO., $166.59, symbol HSY on New York, is the largest U.S. producer of chocolate and non-chocolate confectionery products.
Major brands include Hershey’s, Reese’s, Kisses, Cadbury, Ice Breakers, Kit Kat, Almond Joy, Jolly Rancher, Twizzlers, Good ’n’ Plenty, Heath, Whoppers, and Milk Duds.
On November 8, 2024,… Read More
SOUTH BOW CORP., $34.03, Toronto symbol SOBO, is a hold.
On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they… Read More
TELUS CORP., $20.76, Toronto symbol T, is your #1 Income Buy for 2025.
The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.
Starting in… Read More
You Can See Our Current Power Recommendations For May 2025 Here.
Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now. We feel each currently offers the best combination of fundamentals (earnings, sales, cash flow and so on) plus external factors (industry trends… Read More
A: There are a number of dates related to the payment of dividends:
The declaration date is the date on which a company’s board of directors actually sets the amount of the next dividend. Typically, it is a number of weeks in advance of the actual… Read More
Imperial Oil recently traded near its all-time high, before falling back with the market downturn. Even so, for our subscribers, that still translates into a whopping 1,406.6% gain since we first recommended the stock as a buy in April 1995!
Nonetheless, we think Imperial can go… Read More
COREWEAVE INC., $43.75, symbol CRWV on Nasdaq, rents out AI servers.
CoreWeave operates a network of 32 data centres that house the chips and equipment the company rents out to clients, who in turn create and deploy their AI systems.
The company started up in 2016 as… Read More
PROCTER & GAMBLE CO., $166.91, New York symbol PG, is a buy.
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter will now raise your quarterly… Read More
WALMART INC., $92.80, New York symbol WMT, is still a buy.
The company is the world’s biggest retailer, with 10,771 outlets in 19 countries.
Walmart feels it is in a strong position to handle new U.S. tariffs on imported goods globally. (While those tariffs have largely been limited… Read More
NORTH WEST COMPANY, $52.38, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 230 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions… Read More
SOUTH BOW CORP., $32.31, Toronto symbol SOBO, is a hold.
On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held… Read More
You Can See Our Aggressive Growth portfolio for May 2025 Here.
If you’re like most investors, you should invest the major portion of your money in stocks from our Conservative Growth Portfolio. But you may want to add some stocks from our Aggressive Growth Portfolio, which… Read More
A: Ferguson Enterprises Inc., $156.51, symbol FERG on New York (Shares outstanding: 198.7 million; Market cap: $30.2 billion; www.corporate.ferguson.com), is a U.S. distributor of construction products.
Founded in 1953, Ferguson initially focused on Europe, Canada, and the U.S. In the early 2000s, the company moved to… Read More
A: Dick’s Sporting Goods Inc., $187.37, symbol DKS on New York (Shares outstanding: 81.5 million; Market cap: $14.2 billion; www.dickssportinggoods.com), is a U.S. retailer focused on sporting goods.
In 1948, 18-year-old Dick Stack opened a bait-and-tackle shop in Binghampton, New York. By the late 1970s, he… Read More
A: Flowserve Corp., $42.11, symbol FLS on New York (Shares outstanding: 131.7 million; Market cap: $5.3 billion; www.flowserve.com), manufactures industrial pumps, valves, and other machinery for several industries that use difficult-to-handle or corrosive fluids. These include power utilities, and oil and gas, chemical and related… Read More
A: Smurfit Westrock plc, $40.44, symbol SW on New York (Shares outstanding: 522.0 million; Market cap: $20.5 billion; www.smurfitwestrock.com), makes paper-based packaging.
The company got its start in July 2024 through a merger between Smurfit Kappa Group plc and WestRock Company.
Pre-merger, Smurfit was one of the… Read More
People generally, but investors particularly, often seem to take Donald Trump’s spoken words too seriously. For instance, Trump may say things that some people might take as veiled threats, like Vladimir Putin’s references to his stockpile of tactical nuclear weapons.
My view: if you’re going to… Read More
AZEK COMPANY INC., $48.35, symbol AZEK on New York, manufactures sustainable building products focused on the outdoor living market. The company was founded in 1983 in Chicago.
Azek operates two divisions: Residential, which includes its TimberTech and Azek Exteriors brands, makes capped polymer and capped composite… Read More
