How To Invest

In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.

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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.

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How To Invest Library Archives
A: Magellan Aerospace, $7.01, symbol MAL on Toronto (Shares outstanding: 58.1 million; Market cap: $416.2 million; magellan.aero) designs, engineers and manufactures aircraft engines, bodies and assemblies. It also produces components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products.

The company supplies structural components for major commercial aircraft such as the Boeing B737, B787, and the Airbus A320, A340, A350 and A380....
TC Energy—formerly TransCanada—is a top stock for income-seeking investors mainly because its regulated pipelines and power plants generate plenty of steady cash flow for its highly sustainable dividends. In fact, the company has raised the dividend payment each year for the past two decades....
Here’s an Excerpt from the May 20 issue of Advice for Inner Circle Pro Members:


“The sharp rise in stocks since March seems excessive to some. Stock prices are back up to their old highs, even though earnings remain well below past peaks.


Just remember…'A rising market climbs a wall of worry.’


This is one of those rare stock-market slogans than makes sense and fits on a T-shirt....
Here’s an Excerpt from the May 20 issue of Advice for Inner Circle Pro Members:


“The sharp rise in stocks since March seems excessive to some. Stock prices are back up to their old highs, even though earnings remain well below past peaks.


Just remember…'A rising market climbs a wall of worry.’


This is one of those rare stock-market slogans than makes sense and fits on a T-shirt....
A: The iShares S&P/TSX Composite High Dividend Index ETF, $17.60, symbol XEI on Toronto (Units outstanding: 35.3 million; Market cap: $621.3 million; www.blackrock.com/ca), aims to track the S&P/TSX Composite High Dividend Index, which effectively holds the 75 highest-yielding Canadian stocks.

The index is market-capitalization weighted, with each stock capped at 5% (any stock may rise above 5% temporarily until rebalancing)....
Tech stocks have been market leaders in the past six months, especially those with above-average per-share price-to-earnings (P/E) ratios. That includes tech picks in our Wall Street Stock Forecaster newsletter like Microsoft (up 53%), Alphabet (up 42%), Apple (up 107%) and Nvidia (up 196%).

Intel Corp., another of our tech recommendations, hit a high near $70 in January of this year....
Here’s an Excerpt from a recent issue of Advice for Inner Circle Pro Members:


“The sharp rise in stocks since March seems excessive to some. Stock prices are back up to their old highs, even though earnings remain well below past peaks.


Just remember…“A rising market climbs a wall of worry”


This is one of those rare stock-market slogans than makes sense and fits on a T-shirt....
A: Edwards Lifesciences, $83.54, symbol EW on New York (Shares outstanding: 621.7 million; Market cap: $51.6 billion; www.edwards.com) is focused on developing technologies and products that treat structural heart disease and critically ill patients....
A: Callaway Golf Co., $20.06, symbol ELY on New York (Shares outstanding: 94.2 million; Market cap: $1.9 billion; www.callawaygolf.com), makes golf clubs and balls, as well as apparel.

The company also has a 14% stake in fast-growing TopGolf, a privately owned operator of driving ranges with a party atmosphere....
A: Westshore Terminals Investment Corp., $15.77, symbol WTE on Toronto (Shares outstanding: 64.8 million; Market cap: $1.0 billion; www.westshore.com), operates a coal storage and loading terminal on land leased from the Vancouver Port Authority at Roberts Bank, B.C.

Westshore ships both metallurgical and thermal coal....