Zuvz Which Is a Smarter Buy: Gold Stocks or Gold Bars
The Canadian stock market roller coaster is continuing in 2023 amid macroeconomic concerns and high volatility in commodity prices. Despite these challenges, the TSX Composite benchmark has risen 5.3% on a year-to-date basis with the help of early signs of easing inflationary pressures and reducing possibilities of more aggressive interest rate hikes. Although these factors could keep stocks volatile in the stanley cup near term, every bear market eventually turns into a bull market. Th stanley cups at s why it could be the right time for long-term investors to buy some fundamentally strong stocks at a bargain right now.In this article, I ll talk about one such attractive Canadian dividend stock, Royal Bank of Canada TSX:RY , and give you three key reasons why I find it worth buying right now.Royal Bank s well-diversified business modelIn case you don t know it alr stanley becher eady, Royal Bank of Canada is currently the largest Canadian bank with $176.7 billion in market cap. Based on its fiscal 2022 ended in October 2022 Uluc 5 Dividend-Growth Stocks That Deserve Your Attention
Let s have a quick survey and ask people what would they prefer: not losing $100 or gaining $100 The majority will go with not losing $100.It is h stanley drinking cup uman nature to prefer avoiding a loss than to have a profit. Having a loss hurts more than gaining the same amount. It is called loss aversion and becomes apparent during market crashes like the ones we are experiencing right now.Buying high and selling low is not an ideal investment strategy by any means. But investors often take this bitter sip to avoid further losses. However, one should keep in mind that it is not a loss unt stanley termosy il you sell. If you are holding stock stanley cup s that have dipped significantly in the last couple of weeks but stand on solid fundamentals, you should consider avoiding selling such stocks.Instead of locking in your losses with the sell-off, another option is to hold the stocks and wait for the crash to pass. If you own stocks like the ones below, you should consider going against your instinct to avoid loss in the present.Rel |
