IFB116: Facing Stock Buyer’s Remorse and the China Tariffs

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew Sather and Dave Ahern, to

decode industry jargon, sirens, crippling confusion and help you overcome

emotions by looking at the numbers, your path to financial freedom starts now.

Dave:                                    00:34                     All

right folks, we’ll welcome to the Investing for Beginners podcast. This is episode

116 tonight. Andrew and I are going to answer some listener questions. You’ve

been getting some great ones lately, and you guys keep sending us great stuff,

so we want to keep talking about it, see if we can help you guys. We’re in a

thing or two and answer any questions that you guys might have. So I’m going to

go ahead and read the first question and then we’ll go from there.

Dave:                                    00:58                     So

it says, Hello Andrew. I started listening to your podcast, and it is inspired

me to start investing. I found a list of dividend aristocrats that ran each one

through Finviz with filters. I did the research, looked into the balance sheet,

and warned about what the companies I was interested in did. The one I finally

decided on was WBA Walgreens Boots Alliance. I didn’t see anything to wrong,

and a balance sheet is slower growing its profits at debt as well, and I saw

nothing to my beginner’s eye that says it’s bad, so I bought three shares. That

being said, now I think I miss something and I don’t know what the price

immediately dropped in price hang it. They released an announcement saying

they’re going to close down 3% of their stores. Now I know most people freak

out about that, but they’re trying to do it to help more profitable because

everyone says they should be doing better than they are. I guess my question

is, as a new investor, I’m kind of terrified that I bought the wrong stock.

Even after reading the 10 Q and 10 k I’m still not sure I miss if I miss

something. Someone with more experience would have seen. I guess my question

is, as a new investor, how do I figure out if I’m right or wrong? Andrew, what

do you think?

Andrew:                      &n..;.