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Showing posts from June, 2021

Best investment story by Joseph Marc Blumenthal

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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...

Takeoff

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Over the years of work in the stock market,   Joseph M. Blumenthal  has earned the reputation of a professional who knows how to conduct risky transactions, so he did not sit without work for a long time. In the early years, he ran an investment fund quite successfully. In 2005, the trader made a huge profit. Hurricanes Katrina and Rita, which passed through the United States, brought unprecedented destruction and hit hard on the economy's energy sector. As a result, gas prices jumped, but   Blumenthal  somehow predicted this change by some instinct a few months before the natural disaster. At the time, other traders were not expecting significant gains and   Joseph M. Blumenthal  made a very profitable investment. His assets have grown by $ 2.7 million in a short time! In 2006, he continued to bet on higher prices and earned another $ 2 million. Despite his apparent success,   Joseph's  attitude in professional circles was controversial - he deve...

Starbucks post-pandemic hype - disposable cups shortage

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As noted by The Wall Street Journal, more and more companies are starting to raise prices for their goods, shifting the growing costs to consumers due to rising prices for raw materials. This situation, in particular, is observed in the field of food production - such large food companies as General Mills, Campbell Soup, Unilever and JM Smucker are raising prices. This, in turn, affects the restaurant business. Chipotle Mexican Grill recently raised prices by about 4% to cover wage increases as well as higher commodity prices. About 48% of small businesses increased their prices in May, the highest share since 1981, according to a poll by the National Federation of Independent Businesses.   Joseph Marc Blumenthal  noted that "the unique dynamic of the economic recovery" is associated with the growth of consumer spending, which is now much more than usual since people have been "sitting at home" for almost a year and they have accumulated additional savings. However,...