The stock market is only a gamble if you buy and sell. People who buy and sit are unaffected by the ups and downs. Say you purchased stock today for $30 a share. six months later the price drops to $15 share. Did you lose money? Only if you sold. The key to good vs bad stocks is the RONA, return on net assets. Every company pays a dividend almost every year. Company I worked for made a major purchase, picked up most of the assets of a competitor near the end of the fiscal year. Stock prices slid drastically and a lot of people sold short further driving the rice down. The dividend that year was almost double that of the previous year. A year later the price of stocks was back up and the company did a stock split, two for one to bring the price per share back down. One coworker who'd bailed commented about the price of stocks not recovering much, but did not account for how the price now reflected a half share from the previous year.
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Today's Featured Article - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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