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 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.
Archer recently suspended its chief financial officer in response to concerns about the accounting practices at its nutrition division....
The company now focuses on selling specialized information and software to the legal, tax and accounting fields. That follows the sale of 55% of its Refinitiv financial information business to Blackstone Group LP (New York symbol BX) on October 1, 2018, for $17 billion (all amounts except share price in U.S....
You Can See Our Current Power Recommendations For April 2024 Here.
Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now....
You Can See Our Spinoff Stock Portfolio For April 2024 Here.
Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.
2) Spinoffs involve a lot of work and legal fees....
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The company’s customers are spread across the resources, construction, manufacturing and transportation industries.
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The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Teco Energy, which supplies electricity and natural gas to 1.3 million customers in Tampa Bay, Florida....
In January 2024, a fuselage panel came loose on one of Boeing’s 737 Max-9 planes. That forced the aircraft, operated by Alaskan Airlines, to make an emergency landing.
An investigation by the U.S....