Buried way down on page 102 of the December 1992 edition of Black Enterprise magazine is an article titled The Power Of Investing In What You Know. It starts by listing some of the greatest consumer products of the past century – think Coca-Cola Classic, Heinz Ketchup and Kellogg’s Corn Flakes – before discussing the merits of investing in well known consumer…

The Southern states of the U.S. hold some truly great stories of the riches created by investments in Coca-Cola stock. In one of my first posts on the site I went over the legendary tale of Quincy, Florida, where back in the early 1920s a group of tobacco farmers invested their profits into the newly IPO’d Coke on the enthusiastic…

There is a great chapter in Of Permanent Value: The Story Of Warren Buffett that touches on his experience with McDonald’s – both the business and the stock. I don’t want to lift too much from the book, though suffice to say it is a wonderful little story that starts out with Buffett, Bill Gates and a McDonald’s outlet in Hong Kong…

I’ve received a couple of emails in recent months asking about big tobacco stock valuations. I guess a lot of folks have been looking at their stock price charts recently! Anyway, the headline numbers are certainly eye-opining. Altria (NYSE: MO) stock, for example, has lost around 25% from its 2017 peak. Philip Morris International has lost a meaty 33% over roughly…

Occasionally on the site I like to profile real life dividend millionaires. The cases that I find most interesting are those drawn from the lower and middle-income brackets: folks like Margaret Dickson, Paul Navone, Ronald Read and Anne Scheiber. The case of Agnes Plumb is a slightly different one, but before I get on to that let’s start with some…

21st Century Fox (NASDAQ: FOX) shareholders have had a brilliant seven months or so. It started back in December when Disney agreed to buy a whole bunch of assets from Fox for over $50 billion. These included the TV and movie studios as well as certain cable channels like FX and the regional Fox Sports Networks. In total, said assets…

It has been a very quiet few years for Walt Disney’s (NYSE: DIS) share price. In fact, Disney shares were changing hands for somewhere between $110 and $115 each at this point back in 2015. Right now they are going for around $106.25. Chuck in roughly $4.50 per share paid out as cash dividends in the intervening period, and we…

Last week was a big one for shareholders of AT&T (NYSE: T). After what seemed like an eternity, the telecommunications behemoth finally got permission to close on its purchase of media giant Time Warner. Shareholders of the latter will receive $53.75 in cash plus 1.437 shares of AT&T for every Time Warner share they own. As for AT&T shareholders, they…