How To Invest

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]

Read More Close
How To Invest Library Archives

You Can See Our Cyclical-Growth Dividend Payer Portfolio For February 2024 Here.


You can’t fake a record of dividends....

You Can See Our WSSF Aggressive-Growth Portfolio For February Here.


We designed our TSINetwork Ratings to give you an idea of the investment quality and...
A: MarineMax Inc., $34.51, symbol HZO on New York (Shares outstanding: 22.3 million; Market cap: $769.6 million; www.marinemax.com), operates as a recreational boat and yacht retailer, and a services firm for yacht owners in the U.S.

The company sells new and used recreational boats, including pleasure and fishing boats, mega- and small yachts, sport cruisers, ski boats, jet boats, and other recreational boats.

It offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories such as life jackets, inflatables, and water sports equipment.

MarineMax also provides novelty items such as shirts, caps, and licence plates; marine engines and equipment; maintenance, repair, and slip and storage accommodation services; and boat or yacht brokerage services.

The company has more than 130 locations worldwide, including 81 dealerships and 59 marinas.

Its businesses include IGY Marinas, which operates luxury marinas in yachting and sport fishing destinations around the world; Fraser Yachts Group and Northrop & Johnson, two leading luxury yacht brokerage and services firms; Cruisers Yachts, one of the world’s premier manufacturers of sport yachts and motor yachts; and Intrepid Powerboats, a premier manufacturer of powerboats.

Meanwhile, MarineMax also offers financing and insurance services as well as digital technology products to connect boaters to a network of marinas, dealers, and marine professionals.

In addition, it operates MarineMax Vacations in Tortola, British Virgin Islands, which offers luxury boating adventures to vacationers.

MarineMax has also made 15 acquisitions since April 2019.

On January 5, 2023, the company announced completion of its latest takeover: Boatzon is a retail technology platform dedicated to the marine industry....
A: ADF Group, $7.55, symbol DRX on Toronto (Shares outstanding: 32.6 million; Market cap: $246.1 million; www.adfgroup.com), designs and engineers architectural metal work, including connections, heavy steel built-ups, and miscellaneous products....
A: Helen of Troy Limited, $121.65, symbol HELE on Nasdaq (Shares outstanding: 23.7 million; Market cap: $2.9 billion; www.helenoftroy.com), is a global consumer products company.

Helen of Troy currently operates in two business segments:

Home & Outdoor: Provides a broad range of innovative consumer products for house chores such as food preparation, cooking, cleaning, and organizing; it also offers products for outdoor and on-the-go activities such as hydration, food storage and travel gear, and backpacks....
I’ve noticed over the years that at a lavish buffet, the guests tend to attack the food in ways that have something in common with the way that many investors tackle the stock market.

Speaking very generally, these buffet guests/market followers seem to come in three broad categories....
PATRICK INDUSTRIES INC., $98.23, symbol PATK on Nasdaq, is based in Elkhart, Indiana, the unofficial home of the U.S. recreational vehicle (RV) industry. The company manufactures decorative vinyl and paper laminated panels, bath and shower moldings, and hardwood profiles....
RESTAURANT BRANDS INTERNATIONAL INC., $76.88, is a buy. The stock (symbol QSR on New York) gives you exposure to the world’s third-largest fast-food operator. That’s after McDonald’s (No. 1) and Yum Brands (No. 2). The company has 30,125 outlets in over 100 countries: 18,935 Burger King, 5,662 Tim Hortons (coffee and donuts), 4,269 Popeyes Louisiana Kitchen (fried chicken) and 1,259 Firehouse Subs.

Restaurant Brands is now buying Carrols Restaurant Group (symbol TAST on Nasdaq), Burger King’s largest U.S....
TORONTO-DOMINION BANK, $81.17, Toronto symbol TD, is a buy.

With the January 31, 2024 payment, TD will raise your quarterly dividend by 6.3%. Investors will then receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.0%.

The bank merged its 43%-owned U.S....
J.P. MORGAN CHASE & CO., $170.31, New York symbol JPM, is a buy.

Morgan is the largest banking firm in the U.S., with total assets of $3.89 trillion as of December 31, 2023.

In May 2023, the bank acquired most of the assets and deposits of failed California-based First Republic Bank for $10.6 billion....