Best investment story by Joseph Marc Blumenthal
When I choose which securities to buy, be sure to pay attention to the multiples and potential profitability. In September 2015, ABC shares looked favourably on these indicators. The company was clearly underestimated by the market, and I decided to invest in it. That being said, I advise the beginner to choose preferred shares over common ones. The fact is that, first, the privileged are often cheaper. This is due to the fact that holders of preferred securities do not have the right to vote at shareholder meetings. Secondly, in the charter of companies, you can find a condition according to which dividends on preferred shares cannot be less than on ordinary shares. So, in September 2015, I bought ABC preferred shares into my Individual Investment Account (IIA). Then they cost USD 518 apiece. Then the securities began to rise in price gradually, and I bought them three more times. As a result, there were 35 ABC shares in my portfolio, on which I spent a total...