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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The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....
boat and yacht retailer and superyacht services firm in the U.S.
The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, ski boats, jet boats, and other recreational boats....
You can see our Favorite Dividend-Paying Stocks for March 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)....
Under the terms of the deal, Bard investors received $222.93 in cash plus 0.5077 of a Becton share for each BCR share they held....
The company’s software lets investigators collect digital evidence that is legally obtainable, but hard to access, such as recovering deleted files from a hard drive....
The shares are now up 80.4% for our subscribers since we first recommended the stock in the May 2020 issue of Power Growth Investor at $325.83 a share....
CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
Starting with the March 2023 payment, CN will raise your quarterly dividend by 7.8%....
The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern through a cash-and-shares deal....