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 company operates 1,092 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....
The company is the world’s largest computer software firm. Its main product is the Windows operating system, which powers about 85% of the world’s personal computers....
The company’s three operating segments are Adhesives, Sealants & Additives (43% of sales); Industrial Tapes (41%); and Corrosion Protection and Waterproofing (16%).
Chase’s offerings include insulating and conducting materials, moisture protective coatings, laminated durable papers, pulling and detection tapes, and wind energy composite materials and elements....
“Pat, what do you think about the results of the mid-term U.S. elections?”
You could write a shelf-load of doctoral theses about this subject....
While Alcon is based in Switzerland, it is headed by an American, reports its results in U.S....
The stock is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising.
In addition to search, Google also offers a variety of other services and products....
The company operates 1,092 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....