When you are investing your hard earned money, you want to make sure that you are not putting that money at excessive risk. One way to avoid too much risk is to invest is large well established companies, these are companies that:
Why risk your money by investing in small companies that may not be around in the future? Focus on some of the largest companies in the world or the largest in Canada. Fortune magazine’s July 22, 2013 edition recently listed the top 500 largest companies in the world. I thought it would be interesting to see how many Canadian companies were on the list and where they ranked in the list of 500 global companies. Nine Canadians made the list, and here are the largest (in terms of revenue):
Company Name (Rank)
Suncor Energy (276)
Royal Bank of Canada (282)
Power Corporation of Canada (341)
George Weston (344)
Magna International (370)
Toronto-Dominion Bank (378)
Manulife Financial (381)
Bank of Nova Scotia (431)
Remember this isn’t a list of companies to buy, even though they are the largest you still want to only invest in them when they are undervalued. My Simply Investing course takes you thru the 12 Rules of Simply Investing which will allow you to easily determine whether or not to invest in these or any other company.
Become a successful investor by investing in large well established companies and at the same time lower the risk to your hard-earn money!
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