Show notes
Announcer: 00:00 You’retuned in to the Investing for Beginners podcast. Finally, step by step premiuminvestment guidance for beginners led by Andrew Sather and Dave Ahern, todecode industry jargon, sirens, crippling confusion and help you overcomeemotions by looking at the numbers, your path to financial freedom starts now.Dave: 00:34 Allright folks, we’ll welcome to the Investing for Beginners podcast. This is episode116 tonight. Andrew and I are going to answer some listener questions. You’vebeen 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 athing or two and answer any questions that you guys might have. So I’m going togo ahead and read the first question and then we’ll go from there.Dave: 00:58 Soit says, Hello Andrew. I started listening to your podcast, and it is inspiredme to start investing. I found a list of dividend aristocrats that ran each onethrough 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 finallydecided 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 sawnothing to my beginner’s eye that says it’s bad, so I bought three shares. Thatbeing said, now I think I miss something and I don’t know what the priceimmediately dropped in price hang it. They released an announcement sayingthey’re going to close down 3% of their stores. Now I know most people freakout about that, but they’re trying to do it to help more profitable becauseeveryone says they should be doing better than they are. I guess my questionis, 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 misssomething. Someone with more experience would have seen. I guess my questionis, as a new investor, how do I figure out if I’m right or wrong? Andrew, whatdo you think?Andrew: &n...