It's the world as I know it today. I watch and learn. I listen to what the experts say. I try things out. I build on what I know. I share my discoveries with others. Come along for the ride. Life's journey is always just beginning!
It has been interesting watching the behaviour of $TSLA over the past couple of weeks since the Q3 earnings report and conference. It can't be understated just how monumental of a feat Tesla has achieved with their numbers... so much so that they are being subpoenaed by SEC to confirm their numbers. I know that the Tesla community shares my joy in saying just how damn proud we are of this little engine that could!
Having said that, the share price did not shoot back up right away In fact, has had a slow gradual incline which took many of us long term shareholders by surprise. It touched for a moment back to $350, but came back down again. But if you look super closely in the last week, $TSLA seems to be following the market curve of the S&P 500, like a "normal company." Though, yes, it is out-performing this trend, the ups and downs are following the market much more uniformly, unlike it's normal erratic behaviour of past.
This may be a good sign.
Looking forward,
I'm gear up for the March unveil of the Model Y with great anticipation. While I will purchase the Model 3, the Model Y is what I'm after as my "end game" car. And similarly to last time, I chose to purchase my first $TSLA shares just shortly before the Model 3 unveil. I believe the stock price has a tremendous upside after this reveal.
From this point on, I'll be putting my disposable income from my side music gigs into my trading account, and faithfully moving it over to USD funds using Norbit's Gambit. Unfortunately, with my choice of using an online broker, the process from cashing my cheque in my account and moving it over to my trading account take about a week. Then converting the funds through Norbit's Gambit takes another week. So I have to always be 2 weeks ahead in my planning. Not to worry. It's 3 to 4 months worth of pay that I will have at my disposal when the beginning of March rolls around. In the meantime, I'll be rooting for $TSLA to take a slight dip just before (buying on the rumor).
However, even if the price of shares goes up, I'll likely still buy. It will be an interesting watch!
MY POSITIONS FOR TODAY (click on image to see larger version)
Last week, I bought my first shares of a Canadian company, Bank of Montreal. They have not missed a dividend payment for over 100 years, and are a legacy bank here in Canada.
I had been watching the stock for a few weeks now, and it has been moreover very stable at just over $100. I bought shares on October 22nd, using the strategy that I have heard and read about... and waiting for the share to dip before buying. And so on October 22nd, I saw an opportunity. And this is what the history looked like on that day:
To me, this looked like exactly where I wanted to get in.
And then the following days unfolded... and pretty much immediately, panic sets in:
Yup, I bought at around $103, and it's been hovering around $97-98.
The upside is that I only bought about $1400 worth of stock. The downside is that it's hard to know how much longer it will continue to slide down.
But the important perspective is the LONG perspective. Unless I found the one monumentally unlucky moment in BMO's history where they are headed towards disaster, the stock can be expected to go up in next few years, just as the 5Y historical trend shows:
So here it is through experience. It sucks in the short term to have an immediate loss, which in the context of recent history, feels like a very bad loss. But because I'm intending to hold my positions for the next 15 years, the trend will be most decidedly upwards. So the short term grief is not the same as the long term projection.
The one other lesson I'm learning is both when to buy dividend stocks, and the pace at which I acquire more. Each transaction has the same $4.95 transaction fee, whether I buy 1 stock or 100,000 stocks. Buying one BMO stock at this price is not really a smart return on the fee payment, even with the dividends (I mean, really, I'm going to attribute all of my dividend payouts to covering my transaction fees?)
So my new strategy, is to continue to deposit my peripheral income into my investment account, and then buy stocks at a strategic time. I'm still learning about this timing with ex-dividend dates and when the stock is likely to fall just after the dividend payout. It's still a learning process for me.
On the fun side, $TSLA got its turn in increased stock prices this past week, to no surprise. Not as significant of an increase as I would expect, but as long as it's going up, that's fine with me! I am intending on purchasing more shares in the future, though I feel like I may have already missed the boat on this last dip.
Finally, I identified a flaw in my positions chart at the end of the last post. Because my newly purchased BMO shares in are CAD funds (traded on the TSX), and the TSLA and CMC are in USD, I need to track them separately. Behind the scenes, I'll look at my combined gains/losses all in CAD (for my tax reporting purposes). But for these blog posts, the two currencies will be separated.
MY POSITIONS FOR TODAY (click on image to see larger version)
My battle for time between going back to work earlier than expected, the rolling demands of my side job as a professional musician, and wanting to be diligent in my investment decisions and actions, I may not be able to post as much to a blog. But God-willing, I'm going to still give it my best shot, even if it means posting less often.
My goal is still at least once a week!
This week, has been nothing short of eventful in the world of Tesla. The Q3 earnings call wasn't even the biggest news of the week! Hopefully you are already following a lot of the Tesla news around, but in a list of things happening these past two weeks:
1. Version 9 of Tesla's Software rolled out (and is still rolling out) to its current customers.
2. Tesla HAMMERED the market with being the best selling sedan in the US, and topping at #1, or the Top 10 of almost every auto-selling chart out there! 3. Tesla is profitable and even beat the numbers of the bullish projections out there! 4. Tesla released their LEMuR (Limited Edition, Mid-Range) Model 3.
I would love to get into all of these, but I'll just leave this, my favorite meme, of the week:
An incredible turn of attitude towards Tesla by one of the bearish skeptics of Tesla in Citron. The future is here!
UPDATE: Bought some shares in Bank of Montreal this week. I'll share my experience about this later. It's a very important perspective, I believe, for anyone new to investing.
CMC continues to sink. I realize that unlike Tesla, where you have lots of noise to choose from when the stock sinks, CMC has no noise, and I feel like I'm in the dark. But I'll hold long anyway.
MY POSITIONS FOR TODAY
As of October 26, 2018 closing
TIP: If you want to see a bigger, clearer version, click on the chart and it will show you an expanded version.
Now that I've received my first payment from my side job (as a piano accompanist), I'm ready to start purchasing my first dividend stock. I have my eye on is Bank of Montreal on the TSX. Why? For over 100 years, they have never missed a dividend payment -- and this includes the great market crash of 2008. This gives me assurance that I can rely on their commitment to investors even during profit losses.
To prepare, I opened a second trading account, which also happens to be my second Tax-Free Savings Account (TFSA). About 10 years ago in Canada, right around the market crash, this new savings system was launched to encourage middle-class citizens to invest in the economy by providing them a tax-shelter. Essentially, this is a savings account where any investment growth would not be taxed.
Here's a video with a great overview of the TFSA:
Sounds great? Well, I'm just getting started, because there's more!!!
1. The tax-free shelter applies also to dividend payments and capital gains (i.e. rise in stock prices).
This is probably the single most important aspect of the TFSA that most Canadians are not taking advantage of.
Think of it this way: When you have a regular trading account and the shares you buy with it go up in value, the moment you sell the shares and withdraw funds, you are taxed on the gains. But not so if they are in a TFSA.
Let's look at an example. In my case, if you look at my $TSLA shares in the table at the end of this post, you will see that I am sitting at a profit of about $1400. Right now, that growth is in my RRSP trading account. If I was retired and I sell those shares, I will be taxed on those gains. Here in Canada, that can be as high as 46%. So the government is going to take virtually half my earnings, which is around $700! Now think about in 10 years, when I hope to retire early, and the predicted $2000/share happens for $TSLA. That's a 900% profit. That means for every share I sell, the government will tax me about $1000 -- PER SHARE (in an RRSP account, tax includes $100 on the original investment, and $900 on the gains)! And of course, we all have more than one share. Paying an $10,000 tax for only 10 $TSLA shares is an unbearable, but inevitable conclusion.
Now if these were in a TFSA, there's NO TAX. You keep it all. It's that simple.
2. Any growth increases your contribution room.
This is the second greatest advantage of TSFA's that Canadians seems to be unaware of.
When you make a withdrawal from your TFSA, the amount of the withdrawal gets added to your contribution room at the beginning of the next year -- EVEN IF ALL YOU ARE WITHDRAWING ARE GAINS and your original contribution is untouched.
Let's me share another example from my personal experience. I had been putting away funds for years in a TFSA to save up for a grand piano. When I finally was ready to buy, I withdrew the entire balance of my TFSA, including all the interest I had earned. That entire balance, including the interest I earned up until then, showed up as additional contribution room at the beginning of the next year. Now think about a situation where instead of 1.5% interest, I gained 50% on the price of my $TSLA shares and withdrew those funds. Get it?
Simply put, your contribution room grows as big as your investment gains.
This makes gives the TFSA incredible potential on the market if you are someone who is investing for capital growth. If you are aiming to pick stocks for the sole purpose of selling them off when they hit a peak price, it means the amount of your TFSA contribution room could far surpass the standard annual contribution limits.
One warning though. Your contribution room also shrinks with your losses. So if you are unfortunate in picking stocks that cause you capital losses, you cannot recoup those losses in a later year. Consider yourself warned.
2. Reporting Your Taxable Gains is less stressful.
Okay, so actually, I'm new to this part.
I remember the first time I had to report my investment gains on my annual tax report when I was purchasing stocks in a regular trading account. I was tearing my hair out trying to make sense of the forms. I had no idea at the time that you only pay taxes on gains that you withdraw from the account (since you have already paid taxes on the initial investment).
However, when it comes to your TFSA, it's kind of a non-issue. By virtue of having a TFSA, Revenue Canada has your contribution amounts for the year across all your TFSA accounts, and tracks it on their website. Up until now, my TFSA has been with a bank. This is the first time I'll be reporting my investments on my tax report from my TFSA trading account -- if I have to at all. I suspect, it will be similar to my bank, in that it is already automatically reported to CRA for purposes of establishing my contribution room for the following year.
On a different note... what the heck is going on with my CMC stocks? *sigh*
Okay, what is going on? Elon Musk back on Twitter, with undertones of trolling the SEC after a settlement was announced to be reached. The stock recovered initially on Monday and then has had a steady decline over the week, with the biggest drop on Friday after tweets about his disdain for short-selling and his seeming lack of confidence in the SEC investigation.
Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!
The play, as you see, is "SEC: Shortseller Enrichment Commission"... which is why the news is suggesting that he is undermining the integrity of the SEC after the settlement.
Well the news spun it, the short-seller investors dumped the stock (I suspect as usual) to give the impression that it was true, and we are sitting back at a price in the mid-200's.
And then he pulls out one of his tweets from January 2012, and the updates his opinion on it quite forcefully:
Today, I opened a second TFSA (Tax-Free Savings Account) trading account, this time with my trading company. Until now, I've been holding $TSLA stock in my RRSP trading account (our retirement savings plan here in Canada), but it's time to take all that available contribution room I have in my TFSA for a spin! (I'll post one day about what the amazing opportunity the average Canadian has with the TFSA. It's SO much more than just tax-savings on your interest!)
It's a strange thing to be a shareholder and hope that the stock sinks even further! I'm not sure when my fund transfer will go through in the upcoming week, but hopefully it will be before the stock starts heading back up.
Maybe I should ask Elon to keep tweeting just for a few more days until I'm ready to buy! He's giving all his long-investors a chance to gain more shares, and with it, more say on the future of the company.
On a serious note, here's my favorite recent tweet of Elon's:
People sometimes forget that a company is just a group of people gathered together to make products. So long as it makes great products, it will have great value.
He's bang on. That's what the long position is all about... the real world happenings, not the virtual world propaganda. Short sellers and FUD are just noise. Results are ultimately what matter.
It's late, and I've just started a full-time job. Great source for more "investment" money, but limits my time to do other stuff. So I'm just going to quickly ramble here so I can go to bed. I can't possible skip the big news after the market closed today.
Essentially, It's a $40 million penalty ($20mM for Musk, and $20M for Tesla who is found in violation for not keeping Elon under control.)
The biggest, and most scariest to me, is that Elon Musk must step down as Board Chairman, and will not be able to reapply for that position for 3 years (it's posted as 4 years in another source). Why scary? He has to be replaced with two independant members. While the board will nominate candidates, shareholders will vote. I am hoping that the Board members have a sum of more than 50% of the shares in the company, and I can trust that they will choose appropriate members to keep Tesla's incredible entrepreneurial run alive. The worst case scenario, shareholders are fooled into accepting someone who doesn't have the mission of Tesla at the centre of their decisions. Yes, Tesla needs to be profitable... but only because it needs to make money to sustain its forward momentum in development and innovation. Not simply to give out make cushy rich people more rich.
I'm preparing myself for an onslaught of campaigning in the media from the short sellers to appoint someone who will attack Tesla from the inside. However, I do have faith in the current board that they will not let that happen.
Apparently, the market sees this settlement as a good thing! It's very sad that I didn't have any funds to purchase more shares when I had the chance. That may have possibly been the last chance to buy them under $300.
Yes, as predicted, the most brutal of hits to $TSLA stock since I first bought it comes today after the announcement of the lawsuit against Elon from SEC.
I don't want to play conspiracy theorist too quickly, but there's something really fishy about this whole ordeal.
The Timing
This at the end of the third quarter, and anticipated to be Tesla's most significant quarter to date in the history of their company. Profitability, accolades on performance, manufacturing and delivery milestones. One of my Facebook buddies said it best:
The Expediency
How is such an investigation so quickly started, resolved, and pasted all over the public news streams? Within one week? Really?
The Hypocrisy
Yes, that's a strong word. But it seems that there was a 2008 market crash, that there seemed to be clear investment criminals involved, and they weren't indicted or even penalized? What's that about?
Yes, clearly I'm upset over all this. But I'm also upset because...
...I WISH I HAD AVAILABLE US FUNDS TO PURCHASE $TSLA TODAY!! This is a huge opportunity before the Quarter 3 report, which will likely send the share prices back up.
Gali at HyperchangeTV on a rant... and on the right track.
$TSLA is already down to around $274 per share after trading hours. Tomorrow, the stock is going to sink further, and I am literally belly aching that I don't have any USD funding available in my trading account to buy more stocks right away.
This is not a deadly blow for Tesla by any stretch of the imagination. While I feel like Elon really stepped over the line with his "funding secured" tweet, the company itself will continue. There is a fear that Elon may be removed as CEO, and that's probably the only concern around. However, Elon will always be connected to Tesla in an integral way, and so I'm holding on my shares and still long on the stock price.
The worst of this will likely be tomorrow, so I'll post my positions summary again after the market closes for the week. For now, it's still healthy.
Every morning I glance at my stock prices and scan through the related news that the Yahoo! stock ticker shows (standard app on iPhones). For $TSLA, the FUD news is always rampant. But sometimes, it has just enough credibility to be worth a read.
Today, there was a full-on Ford Motors-positive headline that showed up in the $TSLA feed:
September 25, 2018
I did a video but my video editing skills fall short of acceptable. LOL.
Essentially, this is a strategy used by media to dictate public perception. There's just enough "Tesla" talk in the article to get it to appear on the $TSLA news feed. But it's only to relay one thing -- the headline. In fact, this didn't even show up under the stock news feed for Ford!
However, if you take a look at the Ford stock, it's nothing close to recovering... and is instead falling back down.
See that tiny little bump at the end just before it fell in price again? That's what the article is referring to. Hardly a come back.
I am growing accustomed to the absolute news trash talk about Tesla. It's so commonplace that I don't really notice it as much anymore. Unfortunately, when I talk to others who do not follow Tesla, the general comment is usually about how the company is in trouble and failing. Well, I guess that's why there's lots of "hindsight" regret when people talk about having passed on the chance to invest in Apple or Google back when they had a chance to get it at a bargain basement price. I didn't exactly buy $TSLA at the IPO, but it was low enough to make this a very fun ride for me!
Bottom Line: If you pay attention to the company, and drown out all the external noise, you will see that Tesla is headed in the right direction, and all data points to an incredible year and a profitable future for the company. I'm so long on this company, it's not even funny anymore. (Well, maybe it's a little bit funny, especially when Ford is trying to use the Tesla news feed to get some attention! lol!)
Back in early 2016 when I was first looking into how to buy $TSLA shares before the Model 3 unveil, I discovered a currency exchange strategy called Norbit's Gambit. Since then I've used it for all of my conversions from CAD to USD in order to purchase shares on the US Market.
There are plenty of resources out there to teach you how to use Norbit's Gambit to save on currency exchange fees. Here's the one I originally used:
There's a couple of things I am doing (or not doing) that does create some disadvantage. Don't get me wrong -- this is still the most affordable way to convert my money to USD. But it's not a perfect system.
The Wait
When you contact your broker to journal over your shares, you have to keep the completion timeline in mind. There's a wait for your trade to settle, which can take 2-3 business days. Then there's another 2-3 days for the request for switching your DLR.TO to DLR.U.TO (essentially another wait for settlement) before the funds reappear in your account. But this time, the stock you may have changed substantially in price. So a quick purchase is not possible. It's best to take care of this step (about a week's worth of wait) and have the funds sitting in your account waiting for a purchase opportunity.
Closing An Account
I ended up closing an account in exchange for opening an RRSP account (Canadian version of Retirement Savings). In this case, I chose to withdraw the funds from my margin account, and make a transfer to my new RRSP account from another existing one at one of my banks. And I recognized that if you choose to convert through Norbit's Gambit, you can only convert as much as you are able to buy DLR shares. There will always be a leftover. I was able to transfer the leftover to my new RRSP account, but I'm not recognizing there may be some issues with the leftovers.
Fortunately, I'm not intending to ever close my trading accounts in my lifetime. These will go to a beneficiary. But if you are intending to do it, you may find yourself having to do a one-time conversion with your broker, including the fees. This is on top of the fee to close your account.
Managing Two "Currency Accounts"
So once you have started to convert some of your funds, you will find that you are often tracking your US funds separately from your CAD funds. This isn't much of an issue really, but it means having more residual funds in both currencies. As I watch various stocks in both the Canadian and US Markets, I realize I to keep double the cash balance in both markets if I want to respond quickly to any purchase opportunities. Because I'm not investing a lot every month, this holds me back from purchase stocks here at the beginning of my investment journey. Eventually, I'll have a stockpile of cash saved up to allow me to respond more quickly.
THESE ARE NOT HUGE DOWNSIDES, but they are areas that I've experienced personally since using Norbit's Gambit. The upside of saving those currency exchange fees absolutely trumps these problems. But they are good to be aware of, nevertheless.
Just as always seems to happen, $TSLA rallys back shortly after a steep drop in price.
It is up by almost 5%, or $14.06 per share. That's all of the loss plus 40% more made up in a day. This is the life of a Tesla share -- up and down as often as the opinions in the news change. I have no idea how this happened, but the news articles out there are certainly still trying to demonize Elon Musk and push the demise of Tesla.
I mean, take a look at this nonsense (again, no surprise it's from CNBC):
I read stories like this with a bit of a smirk because, well, they are saying these things in public, and we can eventually capture the information and laugh in hindsight at how big of a failure it was to focus on Tesla failing rather than focusing on catching up with their technology.
Tesla has already won really. It's just a matter of time before it is globally acknowledged. I don't ever expect an apology or a confession of error from the likes of Jim Chanos or Bob Lutz. But it will certainly be an general unstated truth in a matter of time.
I am at constant awe at how Tesla ($TSLA) continues to rise above the FUD talk coming out of the media. It has been particularly rampant lately -- so much so that the balance is completely out of sync with reality. It must not be easy for Tesla employees to endure this abuse from the media, so I give them props for keeping their course. Actually, I am giving them more than props. I gave them my money in the form of shares! hehe.
$TSLA is down again today, but not to my dismay. Something happened just before 11:40 AM that dropped the stock by about $10/share. Suspiciously, it will probably be discovered as another game being played by the short-sellers who plaster negative news through their usual media outlets and then start share dumping to make it look like their news is real.
I'm not going to comment right now about the Department of Justice probe into Tesla. There is too much unsubstantiated noise, and I'd rather wait until there's something of substance to report. If you scroll to the bottom of this post, you'll see that after 5 days (3 business days), Tesla stock is up.
FUD Increase Just Before the Tesla Quarterly Earnings Report
This is something I wish could be tracked. The general experience is that the FUD news seems to increase in intensity as we near the next Tesla Quarterly Report. I've noticed over the last two and a half years that the stock generally increases substantially after receiving all the positive news in the Quarterly Earnings call. It's as if the short sellers do everything to sink the stock before it comes out to lessen the blow to their short gamble. This upcoming third quarter is anticipated to be a financial fulcrum point for Tesla. This is the point at which Tesla will post a profit on an ongoing basis. And all the reports indicate that it is likely to happen. This is the single biggest blow to any $TSLA short seller -- Tesla profitability. As a result, the FUD has been exceptionally fierce lately.
If you are not familiar with the term FUD, it represents "Fear, Uncertainty, Doubt." It's a strategy used to instill these qualities in the public about something or someone -- in our case here, Tesla and Elon Musk. They are targeted with the sole intention of ruining their value and reputation. Because Tesla is the most shorted stock in history, they are particularly susceptible to this kind of abuse.
However, I am not even remotely concerned. I am learning to look at long-term intentions, and the benefit that comes from keeping your eye on what's important. And from what I can see, the stock is doing just fine.
So on Monday, I bought 12 shares of CMC (Commerical Metals Company).
CMC as of September 13, 2018
Why? It's a very personal and non-financial reason. A long time friend of mine happens to hold some stock in this company -- the only stock he has. His dad used to work there, and he even worked there for a short time. So my reasoning was essentially for social reasons. I wanted to track a stock together with my friend, and go through the highs and lows of it all. It's just another connection that we would have to talk about. Of course, I looked into the company's business and historical financials, and made the decision to do it. I still have to go into these things with my eyes wide open!
I had a small amount in an RRSP I had been holding for over 10 years, and decided I would just add it to my existing RRSP trading account and to buy the shares. In mid-August, I sent in the forms to transfer the funds to my trading account. Once it finally arrived (about 3 weeks later), I put Norbit's Gambit to work. I bought as many DLR.TO shares as I could afford, and then contacted Questrade to journal it over to DLR.U.TO. It takes about a week to process when you include waiting for the trade to settle (a couple of days) and then waiting for the transaction to the US version to complete (another few days).
Well, Monday, the transaction showed up in my trading account. I sold my DLR.U.TO to obtain the US funds, and then did something ridiculous without much patience or understanding. I eyeballed the stock price of CMC for the next 10 minutes -- I mean literally followed it refreshing the page like a complete ignoramus! I wanted to catch the price on the way down. A few days later, I realize that was a complete waste of time and emotion. After caving in and buying at $20.65, it was down by $0.40 the next day. And I say what lots of uninformed traders say... "If only I waited." -- though I'm sure I'll learn that's not a good strategy either.
Well, the CMC stocks are now in my possession, and seem to be doing fine, despite a small initial hit after purchase.
When I look at the date of the last blog post here, it blows my mind! I'm in such a different place in my life, and reading through the few previous posts makes me realize just how full my life really is.
But these days, I'm trying something new.
Back in January 2016, I had been following Tesla Motors for a few months while shopping around for the next car I would buy. When I came across this possibly of buying an electric car, I saw the opportunity to realize my teenage dream. Then once you start following Tesla and its CEO, Elon Musk, you get hooked! I'll save my experience with setting up my trading account and buying my first stock for another time. The point here is, my only intention with buying $TSLA stock was to be a prestige stock holder as a way of showing my support in their cause. I wanted to buy it, and then never touch it.
Now it's over 2-1/2 years later, and my experience following the Tesla stock through ups and downs have taught me a lot about how my emotions can take a similar trajectory. With the high volatility of Tesla stocks, I've been emotionally elated, deflated, and ultimately more resilient to the wild swings in price and inconsistent behaviour of $TSLA in contrast to the general market and comparable tech stocks. My fear of investing has subsided substantially, and I'm ready to look at more stable opportunities. For the last couple of months, I've been indulging in research into how to invest for passive income, and honestly -- I'm so excited!
I'm thinking about tracking my trading activities, and commenting on reasons for my decisions. I don't know how this is going to go, but I have a source of disposable income that will allow me to experiment. I'm trying to think through how I will post my holdings without compromising my personal security. So bear with me.
This morning, a Norbit's Gambit transaction just completed that allowed me to pick up my first non-Tesla stock. I'm quite excited to start tracking and evaluating a different company. My first pick was purely social. A friend of mine owns a few shares in $CMC (Commercial Metals Company) and I wanted to buy some to join the ride and have something to do together. I did some digging into what areas of major operation they have. I like that one of them is recycling. They have been around for over 15 years, and seem to give a pretty consistent dividend payment of $0.12 for the past decade. That says "reliable" to me. The stock price is also very manageable at just over $20/share.
Others that are on my radar include a lot of Canadian Banks (all of which survived the great market crash of 2018 because of the solid regulations put in place) -- in particular, Bank of Montreal ($BMO.TO) because of their consistency over 100 years, and CIBC ($CM.TO) because I see them a bit ahead of the curve with their entrepreneurial approach to client care and recruitment.
In the US, I have my eye on Coca-Cola ($KO) and McDonalds ($MCD) as staple businesses with strong global presence and a long-standing history.
Of course, there are SO many others that I'm watching. But these above will likely be my first "try-outs" as I get my feet wet. Here we go!!!
