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
We just sent out our most-recent quarterly letter to Successful Investor Wealth Management clients. You can expect to see the full report reprinted in an upcoming Inner Circle Q&A. In the meantime, we wanted to share with you an excerpt from that letter....
MP MATERIALS CORP., $21.31, is a buy. The company, symbol MP on New York, is the owner and operator of the Mountain Pass mine, the only significant rare-earth commercial mining and processing site in North America.

Rare-earth elements are used in a variety of modern devices and applications: magnets in small and large motors; glass additives and glass polishing compounds; rechargeable batteries; television and computer screens; lighting; X-ray machines; and lasers.

MP and the Saudi Arabian Mining Co., also known as Ma’aden, have signed an agreement with to explore opportunities to establish a fully integrated, end-to-end rare earth supply chain.

Ma’aden is the Middle East’s largest multi-commodity mining and metals firm and stands among the world’s fastest growing, with $8.7 billion in revenues for 2024.

A Memorandum of Understanding (MoU) was signed on the sideline of the U.S.-Saudi Investment Forum 2025, taking place in Riyadh, Saudi Arabia.

Ma’aden and MP aim to explore opportunities to jointly develop a vertically integrated rare earth supply chain in Saudi Arabia, including the mining of deposits across Saudi Arabia, separation, refining, and magnet production. MP Materials is a buy.

MP Materials recent coverage:

CORTEVA INC., $68.61, is a buy. The company, symbol CTVA on New York, is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry....
ROCKWELL AUTOMATION INC., $309.05, symbol ROK on New York, provides industrial automation hardware and software products.

The company’s Intelligent Devices segment accounts for 45% of sales, with its Software and Control business generating 28%, and its Lifecycle Services business contributing the remaining 27%.

Rockwell has customers in over 100 countries that are served by 27,000 employees.

In the quarter ended March 31, 2025, the company’s revenue decreased 5.9%, to $2.00 billion from $2.13 billion a year earlier....
WALMART INC., $98.24, New York symbol WMT, remains a buy.

The company is the world’s biggest retailer, with 10,784 outlets in 19 countries.

Walmart reported strong-than-expected earnings for its latest quarter. However, concerns that upcoming price hikes in response to tariffs caused the stock to fall 5%.

In the fiscal 2026 first quarter, ended April 30, 2025, sales rose 2.5%, to $165.61 billion from $161.51 billion a year earlier....
BCE INC., $30.11, Toronto symbol BCE, remains a buy for long-term gains and income.

The company is Canada’s largest traditional telephone service provider. It has 1.77 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
TELUS CORP., $22.07, Toronto symbol T, is your #1 Income Buy for 2025.

The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases....
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The stock continues to hit all-time highs for our subscribers.

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FASTENAL COMPANY, $78.60, symbol FAST on Nasdaq, is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.

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ARCHER DANIELS MIDLAND CO., $48.53, New York symbol ADM, is a hold.

The company processes corn, wheat, soybeans, flax seed and other crops into a variety of food ingredients such as flour, oils and sweeteners. It’s also a leading producer of ethanol from corn, a gasoline additive that reduces harmful emissions.

In the quarter ended March 31, 2025, Archer’s revenue fell 7.7%, to $20.18 billion from $21.85 billion a year earlier....