Early in their investing careers, beginner investors have only a vague idea of the value of building an investment portfolio. Ideally, they would learn how to invest by making a lot of money in a few shrewd stock picks, then switch to a conservative, well-balanced portfolio.
If you are a new investor learning how to invest, our Successful Investor method can give you above-average results when you practice it on a consistent basis. If you think of and plan your investments as a portfolio, your investment results will become more consistent, less time-consuming, and more satisfying than ever before.
No one has ever been able to consistently pick stock-market winners over long periods, even among people that devote their entire lives to it. But that shouldn’t surprise you. After all, if you could always guess right about the stock market, you could acquire ever-larger sums of money to invest, from lenders and investors, not to mention your own profits.
Eventually you’d acquire control over a large proportion of all the money in the world. And nobody ever succeeds in that. On the other hand, it’s relatively easy to acquire a balanced, diversified portfolio of mainly high-quality stocks. You’ll still experience a wide variation in results among your holdings.
But you’ll find that at the worst of times, you won’t lose much by holding a portfolio answering that description. When times are good, this kind of portfolio will pay off nicely.
Pat McKeough has been teaching new investors how to invest, and helping all 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.
Discover how to make the most of your stock investments in this special report, Stock Market Investing Strategy: Pat McKeough’s Conservative Investing Guide for Making Money & Cutting Risk, from TSI Network. And it’s yours FREE!
Tax savings are the most valuable part of the best-know Canadian tax shelter, the RRSP. But some investments can increase your capital gains tax if they’re sheltered in an RRSP.
Investors sometimes ask us whether they should hold certain investments inside or outside of this most-used… Read More
Learn how to invest in DRIP stocks more effectively by considering these qualities of the top dividend-paying shares—and how they fit into your long-term portfolio
Top-quality stocks tend to lose less of their value in the kind of significant setback the market experienced with the onset… Read More
Whether you’re a beginner or an experienced investor, these tips give you fundamentally sound advice on how to buy stocks online and show you how to put them to work in 2023 and beyond–without practice accounts.
Tip: “Practice accounts that let you buy stocks online without… Read More
Will you have to pay capital gains tax for this tax year? Here’s how to calculate capital gains tax so you have the general path to figuring it out.
When you sell any stock held outside of an RRSP, RRIF or TFSA, you must pay capital… Read More
Split-share corporations come with inherent drawbacks that can hand investors unexpected and unwelcomed costs sooner than they’d planned
Split-share corporations: they’re just one of the areas in which Pat McKeough’s Inner Circle can get our investment research. Members also get to ask investment questions of Pat… Read More
Financial, safety, and survival factors are important to consider while looking for stocks on the TSX
The TSX is the abbreviated name for the Toronto Stock Exchange. You will often see our stock recommendations on TSI Network accompanied by a TSX index symbol. When we’re… Read More
Market timing theory attempts to interpret and detect buy and sell signals in trading patterns and history
The practice of market timing consists of coming up with and acting on a series of guesses (or estimates, or probability assessments) to use in your buying and selling… Read More
Learn how to invest safely for retirement by using a sound plan, plus a conservative strategy that accounts for unforeseen setbacks
Top-quality stocks tend to lose less of their value in market setbacks. They also tend to bounce back nicely when conditions improve. These are the… Read More
Theme investing, particularly when snatched from the latest headlines, may seem appealing—but more often than not will lead to poor returns
Theme investors zero in on something that’s going on in the world—in business, politics, technology or society as a whole—and try to cash in… Read More
Despite market uncertainty in some warm-weather U.S. markets, many of us are buying second homes with the belief that further price increases are inevitable and will make those winter havens good investments.
A while back I was interviewed about this trend on CTV. Apparently I surprised… Read More
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
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