Tuesday, July 18, 2017

Do Not Panic

The best advice when investing in stocks is never ever panic. Let the stock market or your individual stock do what it wants, but do not panic no matter what happens. That is how you lose money on the stock market. I was at lunch the other day and a lady said she was worried about the stock market and so she sold all her shares. This is exactly how you lose money on the stock market.

I have been through a number of bear markets and individual stocks that tanked, but overall my portfolio has done well over the years. Maybe I left it late to sell stocks that have tanked, but still over all I did well and my dividend income has only gone up.

More to the point maybe is my son's portfolio which is relatively small. He has investments in some 15 stocks. So far he has two duds in stocks, Reitmans and TransAlta. His portfolio was increasing in value and in dividend income. When problems occurred in Reitmans and TransAlta the increase in dividends and value paused and then continued even though he still kept these stocks.

On my other blog I wrote yesterday about Artis REIT (TSX-AX.UN, OTC-ARESF)... learn more. Tomorrow, I will write about Atlantic Power Corp (TSX-ATP, NYSE-AT)... learn more on Wednesday, July 19, 2017 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

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