Topic: How To Invest

What is Pat’s commentary for the week of February 28, 2023

Article Excerpt

Most of our readers are familiar with our three-part Successful Investor investment strategy, which goes like this: Invest mainly in well-established, dividend-paying companies. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities). Downplay or avoid stocks in the broker/media limelight. Rule #3 would also apply to investment ideas that are getting a lot of media attention. For example, one of the biggest hits in today’s broker/media limelight seems to be artificial intelligence, or AI. It’s hard to find a source of investment news that isn’t writing about AI these days. Some of our long-time favourites such as Alphabet and Microsoft are investing vast sums in AI. Both these companies are likely to earn a good return on their AI investments, but there is no way to tell how long they’ll have to wait for that payoff. In the meantime, however, both these companies are likely to continue…