You may have noticed that I often refer to investing in the stock of companies as “partnering” with the company instead of “buying the stock.” It might seem like a small difference but, to me, it’s conceptually a very big difference. Investing is much longer in nature. When I purchase shares of stock in a…
Starbucks, Dividends and the Power of Compounding
I purchased stock in Starbucks (SBUX) last week when the stock was trading down about 5% following an earnings release that fell short of analyst expectations. I love it when short-term momentum traders bail on a great long-term story, creating an opportunity for us to buy. After an over 2 year hiatus, we’re back to…