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 Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
CN is now raising your quarterly dividend by 7.0%....
The company is the parent of Google, the world’s leading Internet search engine—it handles over 90% of global search requests....
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S. in cash and shares for KCS....
You Can See Our CWA Safety-Conscious Stock Portfolio For February 2024 Here.
We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries....
“As I began work on this letter to our portfolio clients, an interesting and thought-provoking question came in from a member of our Inner Circle.
The member asked,
“Pat, I know you recommend diversification among individual stocks and stock groups, and between the U.S....
The company serves a range of industries, including civil engineering, construction, agriculture, natural resources, transportation and government.
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This is the third year in a row we’ve picked McDonald’s as your #1 Conservative Buy....
CN operates Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
The company’s revenue in the fourth quarter of 2023 fell 1.6%, to $4.47 billion from $4.54 billion a year earlier....