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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“I’m sticking to my mid-March assessment: the bulk of the pandemic’s damage to the market has already been done. However, the pandemic’s response to the easing of the lockdown will determine the stock market’s direction in the next few months.
If COVID-19 deaths soar as some predict, the market will probably go into another downturn....
“We’ve generally stayed out of drug stocks for much of the past two decades, but that will change over the next year or two. In fact, we now expect to see many great investment opportunities in drug stocks throughout the 2020s....
“I’m sticking to my mid-March assessment: the bulk of the pandemic’s damage to the market has already been done. However, the pandemic’s response to the easing of the lockdown will determine the stock market’s direction in the next few months.
If COVID-19 deaths soar as some predict, the market will probably go into another downturn....
“I’m sticking to my mid-March assessment: the bulk of the pandemic’s damage to the market has already been done. However, the pandemic’s response to the easing of the lockdown will determine the stock market’s direction in the next few months.
If COVID-19 deaths soar as some predict, the market will probably go into another downturn....
The company is engaged in production through the processing of ore purchased from the artisanal and small-scale mining industry in Peru....
—Friedrich Nietzsche
I first came across the concept of hormesis in Hiroshima, John Hersey’s book set in the aftermath of the 1945 atomic bomb blast on the Japanese city of that name....
Robots are machines designed to perform operations without human intervention....