Buy Good Companies and Hold

If you want to make money on the stock market for the long term, buy good companies and hold them for the long term. It is better to buy dividend companies, especially dividend growth companies.

The best list I know of for Canadian dividend companies is Money Sense List of 100 Top Canadian dividends stocks. You cannot go wrong with this list. Start with companies with an A ranking. You should especially like companies rated A for a number of years. Money Sense puts this list out every year.

There is also the Aristocrat list on the TSX. You have to be more careful with this list as some of the companies are real dogs. That would be companies that continue to raise their dividends to stay on this list when they cannot afford to pay their dividends. However, the blogger ... Dividend Growth Investing and Retirement does a good job for his readers of sorting through this list.

On my other blog I wrote yesterday about TMX Group Ltd (TSX-X, OTC-TMXXF) ... learn more. Next, I will write about Obsidian Energy Ltd (TSX-OBE, NYSE-OBE) ... learn more on Friday, July 15, 2022 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.