In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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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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Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
As well, Dream Office holds 9.7% of Dream Industrial REIT (symbol DIR.UN on Toronto)....
Founded in 1980, the company has made several acquisitions to grow both segments of its business.
One major purchase was the February 2021 acquisition of Green Garden Products, a Massachusetts-based provider of vegetable, herb, and flower seeds, as well as seed starters and plant nutrients....
You Can See Our Exchange-Traded Funds Portfolio For June 2023 here.
ETFs in brief
Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....
You can see our Income-Seeking Portfolio for June 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)....
“When new business ideas come along, many investors get over-excited. They see the growth potential right away, but it takes them longer to spot the negatives....
The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....
Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.
With the July 2023 payment, Imperial will raise your quarterly dividend by 13.6%, to $0.50 a share from $0.44....