How To Invest

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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How To Invest Library Archives
ALGONQUIN POWER & UTILITIES CORP., $10.28, Toronto symbol AQN, is still a buy for long-term gains.

The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.

Algonquin last raised your quarterly dividend with the July 2022 payment....
A: W.W. Grainger Inc., $585.00, symbol GWW on New York (Shares outstanding: 50.5 million; Market cap: $29.6 billion; Manufacturing sector; TSINetwork Rating: Extra Risk www.grainger.com), is a leading distributor for a wide range of product lines....
A: Southern Copper Corp., $60.48, symbol SCCO on New York (Shares outstanding: 773.1 million; Market cap: $46.7 billion; Resources sector; TSINetwork Rating: Extra Risk www.southerncoppercorp.com), is the fifth-largest copper producer in the world with operations in both Mexico and Peru....
A: No one can consistently predict currency movements. However, a hedged fund pays that fee whenever it has a hedge in place to avoid currency losses, regardless of whether the hedge produces a gain or a loss for the fund.

Note that even if the U.S....
Many investors over-emphasize investment predictions as a way to choose investments, especially when just starting out. It’s easy to understand. Following predictions can be easy and fun, like betting on tips at a racetrack or a casino.

Investing newcomers may also downplay portfolio balance and diversification....
BCE INC., $62.53, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
FREEPORT-MCMORAN INC., $38.04, symbol FCX on New York, is one of the world’s largest publicly traded copper producers. The company owns mines in North America, South America, and Indonesia.

In late October 2022, Freeport-McMoRan reportedly entered discussions with Grupo Mexico SAB for the purchase of its Arizona copper smelter....
YAMANA GOLD INC., $6.80, is a hold. The miner (symbol YRI on Toronto) owns and operates five gold mines, in Canada, Brazil, Chile and Argentina. This includes the Cerro Moro gold/silver mine in Argentina. It started up in mid-2018.

On May 31, 2022, Yamana received a $6.7 billion U.S....
APPLE INC., $149.70, Nasdaq symbol AAPL, remains a hold.

New COVID-19 lockdowns at the company’s assembly factory in Zhengzhou, China will slow the production of its new iPhone 14 Pro and iPhone 14 Pro Max smartphones. That facility makes roughly 80% of those premium models.

As a result, Apple will probably produce 87 million of these devices in 2022, down from its earlier forecast of 90 million.

The shortage comes at a bad time for Apple, as iPhone sales usually peak ahead of the busy Christmas shopping season....
CGI INC., $113.30, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2022.

The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....