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]
In 2015, copper supplied 67% of Freeport’s revenue, followed by oil and gas, 11%; gold, 10%; molybdenum (which strengthens alloys and high-temperature steels while preventing rust), 5%; and other minerals, 7%.
The U.S....
That firm sells electricity, gas and steam (used for heating and power) across most of New York City and Westchester County, New York....
When the signal is too weak, background noise drowns it out and makes it unusable....
The company produces 55% of its methanol in New Zealand and Trinidad (where it holds a 63.1% stake in Atlas Methanol)....
The company’s Community Media business (mainly newspapers) accounts for roughly 60% of its revenue....
The investment spectrum differs from what you find in the physical world, where the two ends of most spectrums are opposites of each other....
“If you’re one of our long-time readers, you may recall that starting in the mid-1990s, I often wrote about what I called the “Three Special Energizers”:
- The move toward free trade and free enterprise around the world....