See the recent post by Robin Speziale. He is talking about the fact that you do not get rich by buying ETS or Index Funds. You get rich by concentrating your money in a few great companies.
I agree that Index Funds are not the way to go to build wealth from the stock market. I own stocks of good companies. I must admit that I am quite diversified. I picked some good companies and held them long term. I pick a few good winners. However, picking just a few good winners is not easy. I have had companies go bad on me, but I know that the good solid picks I made would save me. The most annoying thing about picking winners is that they are often bought out so you do not reap the full advantage of having picked a winner.
On my other blog I wrote yesterday about was Enbridge Inc (TSX-ENB, NYSE-ENB) ... learn more. Next, I will write about TC Energy Corp (TSX-TRP, NYSE-TRP0) ... learn more on Friday, April 3, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. 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.
