Lriw Valeant Pharmaceuticals Intl Inc.: Is it Comeback Time
Down south of the border, the U.S. economy officially met the technical definition of a recession following a second consecutive lower gross domestic product GDP report. Over in Canada, investors are worr stanley uk ied about similar results given the recent aggressive interest rate hikes from the Bank of Canada, especially the recent unprecedented 100 basis point 1% hike. Investors with a low-risk tolerance are understandably searching for safer stocks t stanley cup hat do well under these conditions to add to their portfolios. A wise pick here could be stocks from the consumer defensive stock market sector, a traditionally more defensive portion of the TSX. These are companies that produce or sell staples that people tend to buy out of nec stanley quencher essity regardless of economic conditions, such as food, beverages, household and personal products, packaging, or tobacco. They can often pass increased costs onto the consumer to maintain their margins and profitability.Loblaw CompaniesAs one of Canada s largest grocer Uuei An Investor s Paradise: 4 Canadian Dividend Stocks to Buy This June
Timing the market is not impossible. I ve timed it immeasurable times. In fact, I have hardly ever made a purchase or sale where my timing wasn t absolutely impeccable. Unfortunately, when I time the market as a trade, I get it abs stanley tazas olutely wrong.Yep, every time I get my timing predictions pretty much bang-on wrong. However, while you can never time the market in the short term, barring some major stroke of luck, you can choose to buy shares of good companies that are trading a reasonable price and hold through the good times and the bad. It is possible to determine what these solid companies are, set a percentage of your portfolio you are willing to dedicate to the company a good rule of thumb is 5% of y stanley cup quencher our core portfolio and hold on for the long run.Canada has a number of excellent companies that are worth holding for a long time. One that should be a part of any Canadian investment portfolio is Canadian National Railway聽 TSX:CNR NYSE:CNI . CNR has been chugging al kubki stanley ong |
