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]
First, “Am I the only person who knows this?” In virtually all cases, the answer is ‘no’....
In March 2022, FactSet completed the acquisition of CUSIP Global Services for $1.93 billion in cash....
The company is the main supplier of electrical power in Newfoundland and PEI. Fortis also owns electrical utilities across Canada, the U.S. and the Caribbean. In addition, the company distributes natural gas in British Columbia, Arizona and New York State.
Fortis is now raising your quarterly dividend by 4.2%....
Devon continues to use acquisitions to expand its operations in its core areas....
The company is the world’s largest fast-food chain with over 42,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.
McDonald’s has raised its annual dividend rate each year since 1976....
TC generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. It also owns gas pipelines in Mexico, and owns or invests in 10 power plants in Canada and the U.S.
On October 1, 2024, the company completed the spinoff of its oil pipeline business as separate company South Bow Corp....
You Can See Our CWA ETF Portfolio For October 2024 Here.
Index funds are mutual funds that invest so as to match market-index performance....
Those devices successfully treat sleep apnea, which gets far less media attention than other health issues such as high blood pressure, obesity, diabetes, depression, stroke and heart problems....
The Butterfly iQ uses patented, miniaturized computer-chip technology to replace expensive cart-mounted ultrasound devices....
The company is the world’s largest computer software firm. Its main product is the Windows operating system, which powers about 85% of the world’s personal computers....