How To Invest
In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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.
[text_ad use_category="18"]
Read More
Close
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on the fundamentals of successful investing. Each Investor Toolkit update gives you a fundamental tip and shows you how you can put it into practice right away. Today’s tip: “Those who wish to trade stocks online should be very wary of the promises offered by automated stock trading systems.”...
ANDREW PELLER LTD. (Toronto symbol ADW.A; www.andrewpeller.com) is Canada’s second-largest wine producer, after Vincor Canada. Peller operates wineries in B.C., Ontario and Nova Scotia. It also imports wines and sells home-winemaking kits. In its 2012 fiscal year, which ended March 31, 2012, Peller’s sales rose 4.3%, to $276.9 million from $265.4 million in fiscal 2011....
When the government introduced its income trust tax, most real estate investment trusts (REITs) were exempted. A year and a half after the tax took effect, this has kept REITs popular among investors seeking income as well as capital gains. PRIMARIS RETAIL REAL ESTATEINVESTMENT TRUST (Toronto symbol PMZ.UN; www.primarisreit.com) owns large malls in medium-sized Canadian cities and suburban areas. In all, it owns 33 properties that contain 13.7 million square feet of leasable area....
Pat McKeough responds to many personal questions on specific stocks and other investment topics from the members of his Inner Circle. Every week, his comments and recommendations on the most intriguing questions of the past week go out to all Inner Circle members. And each week, we offer you one of the highlights from these Q&A sessions. This week we respond to a question from an Inner Circle member asking about one of the Canadian stocks with important interests in a nation that has been living through a period of upheaval, Libya. Pat notes that this infrastructure and engineering specialist also does a lot of business in North America, and assesses its outlook. ...
This is the latest in a series of video interviews in which Pat McKeough gives his advice on a variety of topics. Some will deal with his overall investment philosophy, others on specific investment strategies and still others offer investment advice related to events that are affecting the markets and the economy. In last week’s video, Pat advised against selling during the market downturn. This week, the market turned up and Pat thinks people should look closer to home than Europe for one of the reasons why. He also looks at what may be ahead for the stock market.
Q: Pat, last week you said people shouldn’t be dumping their stocks. This week the market turned up. Was that because of something that happened in Europe, and do you think the crisis is over?...
Q: Pat, last week you said people shouldn’t be dumping their stocks. This week the market turned up. Was that because of something that happened in Europe, and do you think the crisis is over?...
Media companies continue to look for ways to cut their costs in response to rising competition from free information on the Internet. In some cases, the reductions are drastic. Recently, Postmedia’s Ottawa Citizen, Edmonton Journal and Calgary Herald all dropped their Sunday editions. But one Canadian media stock with a more specialized clientele aims to remain profitable and maintain its dividend thanks to a major cost cutting measure. The company has also been expanding its presence in international markets....
This is the latest in a series of video interviews in which Pat McKeough gives his advice on a variety of topics. Some will deal with his overall investment philosophy, others on specific investment strategies and still others offer stock market advice related to events that are affecting the markets and the economy. This week, the Financial Post asked Pat whether investors should sell in the wake of the latest European crisis and the tremors it has sent through the market. Following up in today’s video, Pat explains why it’s not a good idea to bail out when you don’t really know the outcome.
Q: Pat, in today’s Financial Post, you were interviewed about the European economic crisis and whether investors should sell before it gets worse?...
Q: Pat, in today’s Financial Post, you were interviewed about the European economic crisis and whether investors should sell before it gets worse?...
IMPERIAL OIL $45.93 (Toronto symbol IMO; Shares outstanding: 847.6 million; Market cap: $38.9 billion; TSINetwork Rating: Average; Dividend yield: 1.1%; www.imperialoil.ca) has slowed work on its proposed Mackenzie pipeline project, which would pump natural gas from the Arctic to Alberta. (Imperial owns 34.4% of this project, which has already received regulatory approval.)
That’s because rising production of natural gas from shale rock has depressed gas prices in the past few years. As well, higher raw material prices would add to the project’s estimated cost of $16.2 billion.
If Imperial decides to proceed, the new line could start up in 2018. The company feels that gas prices will be higher by then, as more coal-fired power plants switch to this cleaner burning fuel. Proposed shipments of liquefied natural gas (LNG) to Asian markets could also push up prices.
...
That’s because rising production of natural gas from shale rock has depressed gas prices in the past few years. As well, higher raw material prices would add to the project’s estimated cost of $16.2 billion.
If Imperial decides to proceed, the new line could start up in 2018. The company feels that gas prices will be higher by then, as more coal-fired power plants switch to this cleaner burning fuel. Proposed shipments of liquefied natural gas (LNG) to Asian markets could also push up prices.
...
VANGUARD GROWTH ETF $71.05 (New York symbol VUG; buy or sell through brokers) aims to track the MSCI U.S. Prime Market Growth Index, a broadly diversified index that mainly consists of stocks of large U.S. companies. Its MER is just 0.10%.
The $24.6-billion fund’s top holdings are Apple Inc., IBM, Google, Coca-Cola, Microsoft, Philip Morris International, Oracle Corp., Wal-Mart, Cisco Systems and Qualcomm.
Vanguard Growth ETF is broken down by economic segment as follows: Information Technology (32.3%), Consumer Discretionary (18.0%), Industrials (11.9%), Consumer Staples (11.5%), Health Care (9.5%), Energy (8.1%), Financials (5.0%), Materials (3.1%), Telecommunication Services (0.4%) and Utilities (0.2%).
...
The $24.6-billion fund’s top holdings are Apple Inc., IBM, Google, Coca-Cola, Microsoft, Philip Morris International, Oracle Corp., Wal-Mart, Cisco Systems and Qualcomm.
Vanguard Growth ETF is broken down by economic segment as follows: Information Technology (32.3%), Consumer Discretionary (18.0%), Industrials (11.9%), Consumer Staples (11.5%), Health Care (9.5%), Energy (8.1%), Financials (5.0%), Materials (3.1%), Telecommunication Services (0.4%) and Utilities (0.2%).
...
VANGUARD EMERGING MARKETS ETF $42.82 (New York symbol VWO; buy or sell through brokers) aims to track the MSCI Emerging Markets Index, which is made up of common stocks of companies located in emerging markets around the world. The fund has an MER of just 0.20%.
The fund’s top holdings are Samsung Electronics (South Korea: electronics), Petroleo Brasileiro SA (Brazil: oil and gas), Vale SA (Brazil: mining), Gazprom (Russia: gas utility), China Mobile (China: wireless), Taiwan Semiconductor (Taiwan: computer chips), America Movil SAB de CV (Latin America: wireless), China Construction Bank (China: banking), Itau Unibanco Holding SA (Brazil: banking), Industrial & Commercial Bank of China (China: banking), CNOOC Ltd. (China: oil and gas) and China Life Insurance (China: insurance).
The $68.2-billion Vanguard Emerging Markets ETF’s breakdown by country is as follows: China (17.1%), Brazil (15.4%), South Korea (14.9%), Taiwan (10.9%), South Africa (7.5%), India (7.4%), Russia (6.6%), Mexico (4.7%), Malaysia (3.4%), Indonesia (2.9%), Thailand (1.8%), Chile (1.7%), Poland (1.5%), Turkey (1.3%) and Other (0.9%).
...
The fund’s top holdings are Samsung Electronics (South Korea: electronics), Petroleo Brasileiro SA (Brazil: oil and gas), Vale SA (Brazil: mining), Gazprom (Russia: gas utility), China Mobile (China: wireless), Taiwan Semiconductor (Taiwan: computer chips), America Movil SAB de CV (Latin America: wireless), China Construction Bank (China: banking), Itau Unibanco Holding SA (Brazil: banking), Industrial & Commercial Bank of China (China: banking), CNOOC Ltd. (China: oil and gas) and China Life Insurance (China: insurance).
The $68.2-billion Vanguard Emerging Markets ETF’s breakdown by country is as follows: China (17.1%), Brazil (15.4%), South Korea (14.9%), Taiwan (10.9%), South Africa (7.5%), India (7.4%), Russia (6.6%), Mexico (4.7%), Malaysia (3.4%), Indonesia (2.9%), Thailand (1.8%), Chile (1.7%), Poland (1.5%), Turkey (1.3%) and Other (0.9%).
...