Lets look at this, I had to convert the USD priced stocks to CAD by multiplying by 1.41667827 but now all the figures in my table appear correct.
SJM $157.05
McDonalds $394.70
Wal-Mart $166.01
Dollarama $186.89
RBI/QSR $104.04
So the reason these are the places I am considering investing first is that every month, I buy stuff at Walmart, I spend money at Dollarama every week, and yes I even go to McDonalds sometimes, but mostly I regret not buying stock at McDonalds or Walmart when I worked there. Long term, I think it is likely these companies will still be around in a decade.
I am brewing a pot of coffee, the last grounds in the bag of Arabica that I had bought. Since there have been disruptions in products on the shelf, some places have stopped selling Folgers coffee, but I can still get it at Walmart some weeks. The company that owns Folgers is J.M. Smucker Co (Headquartered in Orrville, Ohio, the company was founded in 1897) and since I like Folgers coffee, I thought I might buy some SJM.
https://www.google.com/search?q=SJM+stock
McDonalds is one of those top-asset companies that is always busy day or night, every day of the week. You can always go to McDonalds and get some nuggets or a cheeseburger, and despite all the bad press it gets (healthy or not) it's actually great to be able to buy food when you are hungry. I said before, I used to work there. I quit because I wanted to play bass in a punk band and felt like my job got in the way. Foolish me, had I invested in McDonalds stock back then I would be enjoying the yearly dividends that get paid out and might even still be rock and rolling. Who knows!
https://www.google.com/search?q=mcdonalds+stock
I also worked at Wal-Mart for two summers, and I still buy most of my groceries and home essentials there because, there isn't much other choice. Wal-Mart replaced most of the small businesses that theoretically may have existed, but I am grateful to be able to drive over there and get cat food, or beefaroni, or whatever else I need. Large pack of romaine lettuce, you know. The basics. I haven't read any Wal-mart annual reports lately, but I am sure they will still be here in 2036 and I will probably still be spending money there every month. Can I redirect a LITTLE bit of that budget, to buy some shares? That is my goal for the next few years. I used to have to cheer in the morning, and then when we closed, celebrating what each departments earnings.
https://www.google.com/search?q=walmart+stock
I was super surprised when I saw the price of Dollarama had risen from like $80 all the way to $130, of course during that period of time I had been frequenting this Dollar Store more and more regularly. Even today I went in there for a mop and a broom. It's a great place to get cheap stuff that I need, and even some fun stuff occasionally. Bubbles, Cups, Spatulas, Plastic bags, they really have become a convenient and affordable place for Canadians. They even have those automated self checkouts that we hate so much, but reluctantly use. With earnings of C$1.96 Billion last year over C$7.25b in revenue, I think they will also probably be around for a while.
https://www.google.com/search?q=dollarama+stock
I have been spending less money at Tim Hortons this year, but I can see that they are still as busy as ever. With Dunkin Donuts re-entering the Canadian market, it might give Timmies a run for its money, although I doubt they will be able to replace it. People love their coffee, and it is owned by Restaurant Brands International which seems to be doing very well. I hate to admit it, but between 2008 and 2013 I probably spend $20,000 buying coffee and breakfast at Tim Hortons. What a waste! I mean, I got coffee and breakfast, but when you add it all up you see where your dreams go.
https://www.google.com/search?q=qsr+stock
According to my spreadsheet table, if I were to buy all of these stocks today, it would cost about $1,008.69 CAD or $712.01 USD. I set some rules for my new Wealth account, first being I am going to deposit $50 every 2 weeks until I have at least $200 in there earning interest (at 1.25%), then when I have another $300 deposited I will start investing. I already wrote about how I will probably buy SPCX first because it is INTERESTING to own part of a company that is trying to make humanity a multiplanetary civilization by building a reusable spaceship. At $185 USD over the weekend, i'll need around $262.08 CAD to buy my first SpaceX stock.
https://www.google.com/search?q=spcx+stock
The time will pass anyways, but I want to start owning shares. Everyone is so afraid to invest, but I think Bitcoin has given our generation the courage to HODL even when the value of an asset drops -75%. Bitcoin is still a great thing, energy money is important. Silver and Gold too, since they are money. Currencies might not do so well over the next decade, so the stock of profitable companies that generate reliable revenue, might be worth collecting. These days people are even investing in collectibles as a way to preserve value, so I think buying McDonalds and Walmart is probably less risky than tearing Pokemon and One-Piece card packs.
And in the worst case scenario, I will at least be buying my own "everything crashed" story I can use to gaslight the nephew and nieces kids. Houses might be an asset, but they seem more and more like a liability each year. Do you own any stocks of the companies where you spend your money each month? Do you own any fun stocks as well? Where do you like to invest, other than Bitcoin and Crypto?
@Darkflame
