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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On March 28, 2023, ATS announced that it would acquire Triad Unlimited LLC, a U.S.-based reliability engineering service provider for North American and European markets....
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With the December 2022 payment, Suncor raised your quarterly dividend by 10.6%, to $0.52 a share from $0.47....
The company delivers packages in the U.S. and 220 other countries.
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You can see our CWA ETF Portfolio for April 2023 here.
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Over the years, Nvidia has adapted its video chips to handle other uses such as powering self-driving cars....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.
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