Topic: How To Invest

What is Pat's commentary for the week of August 28, 2012?

Article Excerpt

Our three-part Successful Investor investment approach is a starting point to success in investing, not a step-by-step blueprint. Just to refresh your memory, here are the three key points to our Successful Investor approach: Invest mainly in well-established companies, with a history of sales if not earnings and dividends. Spread your money out across most if not all of the five main economic sectors: Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities. Downplay or avoid stocks in the broker/media limelight. Instead, look for stocks with hidden value that are less widely recognized as attractive investments. Following these three key rules will set you off on the right track. But you still need to make a number of assessments and judgments that will help you choose among the many attractive investments that are available at any given time. For instance, you’ll want to take care to diversify geographically. One of the worst things you can do is invest so that your portfolio would suffer…