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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The company operates 1,089 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....
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....
You Can See Our Income-Seeking Portfolio For June 2025 Here.
This month we update our Portfolio for Income-Seeking Investors.
In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....
Let’s say you want to buy a U.S. stock trading at $100 U.S.
This would cost you $137.86 in Canadian dollars at today’s exchange rate.
Let’s say the stock rose 5%, to $105 U.S.
If you sold it, and the exchange rate remained the same, you would get $144.76 in Canadian dollars.
That’s also an increase of 5%.
At the same time, exchange rates do change....
We added the stock as a buy in our February 2008 issue of Wall Street Stock Forecaster at $22 a share....
Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
Lumina Gold’s project is funded by a $300 million U.S....
The company operates the world’s largest electronic-payments network. It processes credit, debit, prepaid and commercial transactions in over 200 countries.
Despite the uncertainty over tariffs, consumer spending on retail goods and fuel remains strong....
The bank increased your dividend by 2.9% with the January 2025 payment, to $1.05 a share from $1.02. The new annual rate of $4.20 yields a solid 4.8%.
In February 2025, TD sold its entire 10.1% stake in Charles Schwab Corp....
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Despite the current economic uncertainty, demand for Thomson’s legal and tax information products remains steady.
In the quarter ended March 31, 2025, revenue rose 0.8%, to $1.90 billion from $1.89 billion a year earlier (all amounts except share price in U.S....