Eagle & Fein - May/June 2023

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BY PICKING QUALITY STOCKS Invest Smarter

BLOSSOM DERBY

EMERALD FERTILIZE GEMINI HORSE LIGHTSABER MOTHER

NATURE PARADE

Deciding which stocks to invest in can be a complicated and intimidating process. You may have heard how some average Joe struck it big by playing the stock market

SEEDLING VETERANS

and decided it was finally time to invest. Many download Robinhood, Fidelity, or Acorns to their phones, hoping to find some stocks worth their money, but quickly find the process overwhelming. So, how do you know which stocks are worth adding to your portfolio?

Thankfully, you can follow a four-step system to give yourself the best chance at investing in quality stocks.

1. Determine investment goals and risk tolerance.

Before you even start looking at stocks, you must decide what you want out of your investments. Are you looking for long-term gains, or do you want a quick turnaround to make fast money? Are you willing to take on higher levels of risk in exchange for potentially higher yields? You should ask yourself these questions as you decide which stocks are best for your situation. Research potential investments. Now that you’ve established your investing goals, you should start finding stocks worth your time and money. Look for companies with strong financials, including strong revenue growth, solid balance sheets, and positive earnings. Also, look at how their industries are fairing as a whole and where each business stands within their industry. Once you find a few stocks worth investing in, go for it! Diversify your portfolio. When you invest in stocks, don’t dump everything into one business or industry. Instead, spread your investments across a range of different companies, industries, and even countries. This will help reduce the impact of any potential losses from single investments. If you invest too much in one company and start seeing a downward trend, it may be too late, and you’ll quickly find yourself in a hole.

This dish is light and refreshing, making it perfect for spring! The crispy salmon patties pair perfectly with the cool dill sauce dolloped on top.

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INGREDIENTS

1 1/2 cups plain yogurt or fat-free sour cream

1 large white onion, finely chopped

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1/4 cup Dijon mustard

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4 large eggs, beaten

6 sprigs fresh dill, chopped 2 14.75-oz cans salmon packed in water

1/2 tbsp salt

3.

1 tbsp pepper 2 tbsp olive oil

4 celery stalks, finely chopped

DIRECTIONS

1. In a small bowl, whisk together yogurt, Dijon mustard, and dill to make the dill sauce. Set aside. 2. Drain the salmon, then remove and discard the bones and skin. In a large bowl, mix the salmon, celery, onion, eggs, salt, and pepper. Form the mixture into 8 patties. Coat a medium skillet with olive oil and heat it over medium-high heat. Cook the patties until browned on both sides, about 5 minutes per side. 3. Put a dollop of the dill sauce on top of each patty and serve.

4. Monitor your stocks. Once you’ve started investing, sitting back and waiting is not enough. You need to monitor your stocks actively. Stay current on the performance of the companies you’ve invested in, and consider selling stocks if they no longer meet your investment goals. It’s vital to pay close attention to the businesses you have invested in as well as the ones you are considering backing in the future. If you do this, making the right choices with your current, previous, and future investments will be much easier.

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