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(wow) Words Of Wonders Level 970 Answers

(wow) Words Of Wonders Level 970 Answers – It could be something as small as a one-time bet with your friend who will win the Super Bowl. It can be done online through one of the sports betting websites available today. Or maybe you go to a horse race, where you go to a traditional place to place a real, authentic, traditional paper bet.

Either way, do you win or lose? Is the gamble successful, or do you end up forking over the money?

(wow) Words Of Wonders Level 970 Answers

It's a rush to bet. Call it a feeling if you will. Or the enjoyment of (potential) profit is easy. But, as someone who used to go to Las Vegas for business all the time – and always enjoyed the blackjack table and sometimes roulette when I was there – I get it.

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This is something I talked about, including about a year ago with “Fear of money don't win.” This is what I wrote:

“I'm no card expert. But I'm good at [blackjack] – as shown by the number of black chips (worth $100 each). I won more than once. I divided it into three, and doubled it eight times. See my profit increase as I do

“When you play, you feel invincible. In this case, it is difficult to stop playing. You feel that you are running because the chips are still in front of you, so you think you will never stop. “But because in the end, The best time to go is when you are at home. It was difficult for me, sorry”.

I would like to say that I learned a lesson after the first time I lost a lot of money that I could have used to save. But that's not fair, and I'm trying to be honest with you, the reader.

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This, I can not tell you. I don't really keep score. But I can tell you how I got older and wiser, I learned to make some rules.

It's like the old song “The Gambler”. Regardless of whether you prefer the Johnny Cash or Kenny Rogers version, the lyrics ring true:

You have to know when to raise it. Know when to connect. Know when to go. Know the time to travel. Money is not counted. I'm sitting at the table. There will be plenty of time to read. Once the deal is done.

Think about it like this: in the first case I came up with sports betting, if your team is down 14 to 40 at half time … from eight, six lengths behind the horse in third place …

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I doubt it. But the truth is that many of us are gambling, saying, “I feel it. Soon, my luck will return.

Unfortunately, we can easily operate with the same mindset when it comes to portfolios. It is not a pleasant reality to face, but it is a common one.

Various psychologists and market researchers have come up with different ways to explain this. And, personally, I want to believe more than one.

Every investor works with his own experiences and points, good and bad. That opens up all kinds of reasons to do something wrong (or stupid).

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But if we know, we can admit that we were wrong and move on – to let go of “bad money” that we can't do (because it doesn't exist) and invest “good money” in something promising .

I call it living and learning, which is a better way to work than to live and remain ignorant.

Some of you may remember the REIT by the name of American Realty Capital Partners (formerly ARCP) which is a net lease REIT that went public 10 years ago, in September 2011.

I started buying ARCP modestly in 2013, and by 2014 I had accumulated a modest (albeit speculative) position in the .

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However, in October 2014, I began to feel uneasy about the , which seemed to have many things, but did not pay a certain share.

The harbinger is ARCP's $1.2 billion acquisition of Cole Real Estate Investments, a move to create the largest real estate REIT in the US.

Former ARCP CEO and founder, Nicholas Schorsch, summed up the Cole deal by saying it was like “Boston Red Sox and New York Yankees meeting”.

You see, Schorsch and his team want to build a “scalable” organization that boasts that their growth is “permanent and secure.”

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Back in 2014 I even argued that “ARCP should limit its acquisitions in order to continue to focus on the protection of the sector.” Most importantly, I mention the historical fact,

“I don't see the value in a hard deal, and I don't think to add more shares. It means I sell or hold.”

“Mr. the market will reward traders who can recognize the value; although it is clear that ARCP is sold a little, I will not fall into the trap that my boss is not safe.

And moms, this is one of my biggest regrets over the past decade about seeking alpha, is what I have to say,

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“There is a lot of cheese in the trap, but I will not increase the risk. Mr. Pasar warned by showing that I must be careful. Now I am sitting on the edge.”

My gut told me to hit the SELL button, because I did my homework and I knew ARCP was not safe, but I decided to wait, instead of doing what I had to do, and immediately lost all my work. Share from ARCP.

I was not comfortable with the previous management team, and I have been talking about the because of the results, but I remain a suspect in ARCP. It was only a few days after this article that ARCP announced that it had falsified its financial statements and its financial situation collapsed.

This is an important lesson for me, as an investor and stock analyst, because I was close to giving a sell recommendation, and now I am more risk averse.

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For example, before Covid hit the ground, many analysts and investors focused on the retail sector, especially names like Washington Prime, CBL Properties (CBL) and PREIT (PEI).

It is interesting to note that there are only eight Washington Prime articles listed (on Seeking Alpha) in 2021, mainly due to the bankruptcy of the . Then there are 17 articles in 2020 and I read 39 articles in 2019. Here are the list of articles in 2019:

So, in January 2020, I will have to make like Paul Revere, and warn the legions of investors that the dividend is coming – sooner rather than later:

“Mr. Market agrees with this ‘Yield Zuger' thesis, and the real question is not ‘if' the dividend will be cut, but ‘when.'” The writing is on the wall, and while we agree that it is worth The dividend. Whole portfolio, we do not allow that the dividend cut is sold in stocks.

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Another example, and also in the retail sector, is PREIT, in November 2019 there was an article titled,

“Because of the many variables, it is difficult to make a bullish case for PEI. We advise caution and believe there are better opportunities to manage risk in similar stocks and other REITs. Beware of yield suckers!”

However, in March 2020, we warned of the possibility that EPR Properties (EPR) could reduce its share,

“…we encourage conservative income investors to view EPR's 33% dividend yield with disbelief. At the end of the day, dividend yield is only as good as savings and in the case of EPR, we certainly can't sleep at night as Owners of this . Finally, don't be a high-yield REIT trader. Look at quality!”

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Even now, after the big dividend, we don't buy EPR because the company has a high ratio and a high payout ratio (2.9x EBITDA/Interest, 2.4x fixed cost coverage, 89.7% AFFO payout ratio – all from Q3-21 ).

In our opinion, the 6.1% yield is not attractive, because the number of tenants and the number of indicators that are out of danger (as well as paper concerns, I am just a reference).

One of the other net leases REITs will do is the Global Net Leasing (GNL), and coincidentally, the foreign manager, AR Global, is at the same address as the former ARCP (old reference). And I see a similar one, related to the lack of dividend protection and high debt levels.

GNL has a high ratio (2.9x EBITDA/interest, 2.3x fixed cost coverage, debt to market capitalization

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