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 one of the world’s largest and most widely used on-demand computing platforms, with more than 325,000 servers and 1,435 networks in 135 countries....
For instance, when a company buys a $1 million piece of real estate, the purchase can appear on its balance sheet in various ways....
Between 2024 and 2027, Southern Copper plans to spend $9.2 billion to significantly increase its copper production....
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.
Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
The company is one of the world’s largest computer firms, with operations in over 175 countries.
On November 3, 2021, IBM completed the spinoff of Kyndryl Holdings Inc....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
This week, Suncor announced a new deal with activist investment firm Elliott Management, which owns 3.4% of the company’s shares.
Under this agreement, Suncor appointed three of Elliott’s representatives to its now 13-member board of directors....