IFB195: Stocks with Multiple Tickers, Keeping Dry Powder for Corrections

Welcome to the Investing for Beginners podcast. In today’s show we discuss: * Thoughts on different classes of stock, such as B shares * Reading through proxy statements and what to information you can learn. * Different ideas around keeping “dry powder” in the event of market downturns. Today’s sponsor: NordVPN and their special offer for our listeners of one month free with a 2-year subscription. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Transcript Announcer (00:02): I love this podcast because it crushes your dreams and getting rich quick. They actually got me into reading stats for anything you’re tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern with a step-by-step premium investing guide for beginners. Your path to financial freedom starts now. Dave (00:44): Welcome to the Investing for Beginners podcast. Tonight. We have episode 195 tonight. Andrew and I are going to read a really good list of questions we got recently. So I’m going to go ahead and start reading the first one, and then we’ll just do our usual give and take. So here we go. Hello Andrew. Hello, Dave; I love your podcast. Weren’t so much, but I still have a problem investing in certain companies. Many companies have several different stocks available. How do I decide which one to buy and where I can find a good resource, which helps me understand the differences between these stocks. Recently, it got interested in Viacom, they got three different stocks. BIAC Vic EI and BI ACP. What are those? Why do they have them? And how can I decide which one to get? Cheers, Timo. Andrew, what are your thoughts on Timo is really good question about Viacom. I know, you know, a little something about the company. Andrew (01:42): I do know a little bit about them. They had that huge blow up lately. But before we get too off track on that, the reason you see different tickers for different companies is because there can be different classes of shares for a company. And so it can be confusing cause there could be like s...