In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
[text_ad]
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.
[text_ad]
The coming boom in ‘income investments’
The post-World War II generation—the baby boomers—were born between 1946 and 1964. The youngest boomers are now around 59 and the oldest are around 77....
In March 2023, Total Helium announced that it had entered into a transaction with Brooks Range Corporation to acquire 20% working interest in two producing wells at the Pinta South helium field, a 50% working interest in eight more wells at the Arizona project, and a 50% interest in any future wells beyond those 10.
The company paid $12 million U.S....
Investors benefit from the company’s 503 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
The company makes chemical compounds that improve the taste of food and the smell of consumer products.
On February 1, 2021, IFF merged with the nutrition and biosciences business of DuPont (New York symbol DD)....
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 40 countries and makes mannequins and other medical-simulators for training health professionals.
CAE continues to gain as air travel volumes return to pre-pandemic levels....
You Can See Our Income-Seeking Portfolio For September 2023 Here.
This month we update our Portfolio for Income-Seeking Investors.
In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....
Those CPAP devices successfully treat sleep apnea, which gets far less media attention than other health issues such as high blood pressure, obesity, diabetes, depression, stroke and heart problems....
On July 13, 2023, Lundin Mining announced it had acquired 51% of SCM Minera Lumina Copper Chile....
In the quarter ended June 30, 2023, Electronic Arts’ revenues increased 8.9%, to $1.92 billion from $1.77 billion a year earlier....