Pat McKeough has been making investing for beginners simple—and profitable—by helping 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.
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.
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Getting into the stock market for beginners can feel overwhelming, but only if you go at it without the tips we share in this article.
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ADRs (American Depository Receipts) are a great way for investors to invest in foreign stocks
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Stock investment clubs can help new investors find quality stocks and develop their own investing style. But watch out for the drawbacks.
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A Member of Pat McKeough’s Inner Circle recently asked for his advice on a Software as a Service (SaaS) company that caters to customer service needs at small and medium-sized businesses.
Pat likes the firm’s steady revenue growth and expanding customer base. However, he notes that… Read More
Use tax-loss selling, or tax-loss harvesting, to offset your taxable capital gains in Canada.
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada. With tax loss selling in Canada, you can then… Read More
Canadian stock options can generate a lot of money for your broker, but here’s seven ways they can cost you even more
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Dear Client,
In July 2024, I commented in our weekly Inner Circle Question & Answer Report that a lot of changes are now going on in the world, particularly in U.S. politics and law. Some of these changes are good and others are bad. Some are… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a manufacturing company that makes, recycles, and fabricates steel and metal products as well as related materials and services in the United States, Poland, and China.
Pat likes the strong demand in North… Read More
Want to know how to find fast-growing stocks for your portfolio? Follow these tips to spot the best—and stay out of the worst
Are you interested in learning how to find fast-growing stocks? Some investors think the best way to profit in stocks is to buy… Read More
El Salvador’s Dollar Adoption, a Crime Turnaround and and Practical Pitfalls
When I first met my wife Cecy a couple of decades ago, I was surprised to learn an unusual fact about El Salvador, the Central American nation where she grew up. On January 1, 2001,… Read More
How Tourism, Exports and Economic Reforms Are Driving Vietnam’s Economy
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Dividend investing in Canada is a great profit-spinning strategy, especially if you factor in the Canadian dividend tax credit
If you include top-quality dividend stocks in your portfolio, the income they provide can make up a significant percentage of your total return—as much as a third… Read More
Highly volatile stocks can come with significant risks, especially if you think you’ve found a “can’t miss” indicator that leads you to buy them
The more I looked into investor rules throughout my career, the clearer it became that the best ones were not delivering consistent… Read More
Blue chip stocks paying a dividend are typically good stocks to buy because that provides you with tangible proof of their investment quality
Blue chip companies are very often good stocks to buy. They have a history of earnings and, in most cases, a history of… Read More
Understand how to pick an ETF the best way and you will stay away from overpriced choices while targeting the market’s best. Learn more now
We still feel that investors will profit the most with a well-balanced portfolio of high-quality individual stocks, but ETFs can also… Read More
Investing in the top stocks to buy right now will put a mix of blue chips, value and growth stocks in your portfolio. Learn what to look for in these stocks now
Investors learning how to find the top stocks to buy right now should look… Read More
Include dividend-paying blue chips as you add the best reliable stocks to your portfolio, but select them wisely for greater levels of safety. Here’s what to look for.
Dividend-paying blue chip stocks are some of the best reliable stocks, especially if they offer good “value”—that is,… Read More
The path to spotting undervalued companies to invest in includes looking at select financial ratios as well as other key factors
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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:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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